Easy Money Stocks for june 1-5 2009
Philippine Stocks
PX-7.30 -Philex Mining-This is the highest level of profit the company has ever attained.So they are giving a big dividend. There is a increased in their metal produced like gold.Gold is good during bearish times as hedge, I bought PX last year and made money .They are giving 25% dividend as a form of shares.Example: 1000 shares at 7.30 is 7300 + 1000x0.25=You get250 shares or free.Total shares at 1250 but you only pay for 7300.Buying time is upto jun 8 only.You can sell this near august to december.You can never lose with this stock.Im buying again this stocks.Imagine if I invested 25k pesos, I will get P7250 as a form of dividend.Its very high compared to the banks interest.
Mark Hervias
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