facebookHi, i invested about 11k in ocbc stock and now has $600+ unrealised gain. Should i sell off? I dont think i will see it rise to such a high price in at least the next 6 months.? - Seedly

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Anonymous

11 Mar 2020

General Investing

Hi, i invested about 11k in ocbc stock and now has $600+ unrealised gain. Should i sell off? I dont think i will see it rise to such a high price in at least the next 6 months.?

Discussion (5)

What are your thoughts?

That's about 5.5% unrealised gain. Are you happy with the percentage? Or would you rather wait it out and collect dividends while waiting for it to rise more? Any particular reason why you don't think it will rise to this price again?

It really depends on you and whether you are happy if you sell off.

Rais M

Rais M

05 Mar 2020

Level 9·Accountant at SME

The high may get higher, and the low may get lower. It is really very hard to think whether OCBC will goes up or goes down over the next 6 months. Who knows, it may hit an all time high.

To determine whether you should sell a stock, you should think back why do you purchase the stock in the first place. Why did you buy OCBC? Other than the unrealised gain, is OCBC business still the same or are you expecting a downturn in the banking sector. Not to forget, OCBC also pays dividends. When OCBC share prices drops, they will still pay you dividends.

And of course, another valid reason is if there is another stock that is more attractive than OCBC, it could also be a possible reason to sell OCBC.

This would be 5.5% gain over an unspecified period that should be benchmarked to % per year since in...

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