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Anonymous
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?
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Cryotosensei
01 Sep 2024
Blogger at diaperfinancingfund.blogspot.com
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You would probably do better by simply getting an index fund through a broker or any robo advisor platforms. I wouldnโt flinch changing from STI to other markets, market here is too small to see any huge profits as a casual retail investor.
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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
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Try NASDAQ 100.
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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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Just HODL until Your portfolio gets back in the green. Patience is key