facebookIn this current economic climate where everything seems so inflated, should I cash out my profits from my US, China and SGX stocks and buy in when there is a crash? - Seedly

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Anonymous

20 Jun 2023

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General Investing

In this current economic climate where everything seems so inflated, should I cash out my profits from my US, China and SGX stocks and buy in when there is a crash?

Looking at how attractive the bank interest rates are, should I cash out and just park there and get comfortable interest rates instead?

Discussion (12)

What are your thoughts?

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It is difficult to predict the future or where the stock market is headed. But it is certainly not a bad idea to park some money to get the higher interest rate now.

U will never know when the crash is coming but its always good to take out some profits

No harm taking SOME profit off the table and wait for opportunities to come.

Richard

27 Jun 2023

take care of oneself at the rest will be taken care

Bank interest rate is 4-5 % and look attractive to me. For me, I would cash out

Robin

27 Jun 2023

Administrator at SG

My suggestion is to cash out the profits and just remain invested lest you become like the rest and ...

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