Wednesday, May 28, 2014

LTG going up again

Finally, there was two consecutive green days for LTG.   This May 29, LTG reclaimed 14.86 prive level after rising by 3.77%

If you think about it 3.77% in one day is a lot more better than a 0.5% interest rate per annum in peso deposits of most banks.  3.77% is a long way better also than gains on Time deposit rates which is currently around 1.125%.

In other words, it's possible to gain more earnings on stock trading compared to bank deposit and time deposit rates.

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