facebookI have an STI and ST Engineering ETF, and the covid situation is making the value drop like mad. Should I hold out, and which stocks would you recommend buying in a market like this? - Seedly
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Anonymous

18 Jun 2020

I have an STI and ST Engineering ETF, and the covid situation is making the value drop like mad. Should I hold out, and which stocks would you recommend buying in a market like this?

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    Discussion (1)

    What are your thoughts?

    STI ETF and ST Engineering stock

    What was your cost price for both? What's your total P/L % for them? Is the net loss within your risk appetite? Are there other holdings in your portfolio?

    This is a good opportunity for you to learn and truly understand the amount of risk and volatility you can stomach in stock investing.

    Then ask yourself what's your overall investment objective, why did u invest in them in the first place and has the underlying fundamentals changed in spite of the short term noise from covid etc. Is averaging down an option you'd consider if you still believe in these 2 holdings.

    Anyone can throw u a stock recommendation advice, but you're the one having to put skin in the game.

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