Buying the market as a whole rather than picking individual companies, usually through an exchange-traded fund that tracks an index. On the PSE that mainly means a PSEi tracker, which gives you the 30 largest listed companies in one trade at a fraction of the cost of assembling them yourself. You accept the market's return by design, which is more than most stock pickers manage after costs. Listed ETFs appear in PSEye's sector directory alongside the six company sectors.
See every term in the full PSE investing glossary.