facebookI started investing w STI-ETF since 2015, $100/mth but recently stopped investing. I've invested in total $7.8k but its current val is at $6092.07.? - Seedly

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Anonymous

11 Oct 2020

โˆ™

General Investing

I started investing w STI-ETF since 2015, $100/mth but recently stopped investing. I've invested in total $7.8k but its current val is at $6092.07.?

Should i withdraw my entire investment and move it elsewhere where i can earn back my loss ( & gain) since there's not much "hope" in the s'pore market , or should i just leave it there? any suggestions where else i can put this $ to work?

Discussion (38)

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Cryotosensei

01 Sep 2024

Blogger at diaperfinancingfund.blogspot.com

Just HODL until Your portfolio gets back in the green. Patience is key

You would probably do better by simply getting an index fund through a broker or any robo advisor platforms. I wouldnโ€™t flinch changing from STI to other markets, market here is too small to see any huge profits as a casual retail investor.

I understand your predicament. You're currently at a 21% loss and right now it is more of a psychological game of opportunity cost.

In your shoes, perhaps i would find an exit price in the next 1 year that you're comfortable with. If this is your throwaway cash, great, hold it out!

Time in market is better than timing the market.

-g

Dionysius Ang

30 Sep 2020

Aerospace Engineering at Nanyang Technological University

If you don't need the money now, I would advise you not to actualize your loss (or if you can afford...

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