facebookDo you have a losing stock in your portfolio? If yes, why are you still keeping it? - Seedly

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Anonymous

25 Nov 2020

Stocks

Do you have a losing stock in your portfolio? If yes, why are you still keeping it?

I think knowing when to let go and when to withstand paper losses is very hard to judge.

Discussion (14)

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Depending on how hard you trust the stock. If it's a firm yes, then average down the price.

Jiayee

22 Nov 2020

Salaryman at some company

Because bought high since I DCA.

For sure. Knowing when to buy is based on facts and valuation, that's easy compared to when to sell/continue holding because now it becomes future expectations vs opportunity cost vs emotions. This is not to say selling/holding are not based on facts and valuation, but due to loss aversion, we value losses twice as much as gains, hence heavier weightage on the latter factors. Not so easy anymore.

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Yes I do. Bought ESR REIT like a week before Covid. Still in the red. SIA was in the red for a coupl...

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