facebookIs it wise to discontinue my CPF OA $10K investment with Endowus Core Portfolio? - Seedly

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HL Low

21 Sep 2022

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CPF

Is it wise to discontinue my CPF OA $10K investment with Endowus Core Portfolio?

Objective of using Endowus Core Portfolio to invest, is to get higher return from the default 2.5% from CPF OA.

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Now, that the portfolio going down and loss $500 should I discontinue and retain back in CPF OA to get 2.5%?

Discussion (3)

What are your thoughts?

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Selling it when the market is down = sure lose money. Now flip the table, if your investment now is making +$500, will you take profit now and put it back into CPF OA? If answer is "no, I want to see it grow", then you have the answer to whether should you cut loss now or not.

Chiong Hwee has given a really detailed explanation and I agree fully with him.

you need to know why you invested your OA in the first place and what is your time horizon! This is a long term investment and in the long run the stock market should go up. Hang on if you can afford to and if you have the time to.

Tan Choong Hwee

21 Sep 2022

Investor/Trader at Home

Stock market can go up and down in the short term, so it is normal for portfolio to be at a loss at ...

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