FROM time to time, I receive emails from readers of The Manila Times asking my help in choosing the best listed stocks for their portfolio. I thank them for their trust in me but at the same time, I have to tell them that I consider myself still only a stock market reporter. Thirty years ago I began covering the Securities and Exchange Commission, which used to regulate two exchanges. These were the Manila Stock Exchange and the Makati Stock Exchange, which were eventually merged to form the present Philippine Stock Exchange.

The latest email came from a reader who identified himself as Rem Ramirez, requesting me to “suggest some stocks to buy” in which to “park his investment for the long haul and let my children cash in on it.”

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