The Top 3 Worst Declines in PSE History

Do you know that the top 3 worst one-day declines in the history of the Philippine Stock Exchange happened within the past 15 years?

See if you’ve lived through any of these worst days:

1: Black Thursday (March 19, 2020):

The market crashed by -13.34% in one day due to the announcement of total lockdown / quarantine in light of the Covid 19 threat.

That was the worst day so far in the PSE!

2: October 27, 2008

Philippine stocks fell by -12.27% in one day as an after effect of the US economic crash.

3: June 13, 2013

The PSE slid by -6.75% due to alarming news from the Federal Reserve that scared off investors. Indeed a scary day for stock holders.

Special Mention: On August 22,2013, PH stock index declined by 5.96% during the so-called Ghost Month.

I mentioned this because I was among the people who lost a lot of money that day.

And from first-hand experience, I can attest that losing money on a historically low day isn’t pretty.

As an individual investor, your losses can be as high as 50% or more! Not trying to scare you. Just stating the truth.

Looking back to those historically low days that I experienced, I can say that there is one thing that should guide you in order to survive and even thrive during those days:

Market Insight.

You need insight before, during and after the historical 1-day decline.

This enables you to avoid major losses, or bounce back in case your stocks take a hit.

One of my comforting sources of insight and market vision is a simple, often ignored website….

It is my source of many useful stock market reports, fundamentals research, and even technical outlook.

Here is the link for more details.

Never be afraid to make mistakes but make sure you learn from them.

To financial freedom,
Verniel Cutar