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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%?
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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.
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Tan Choong Hwee
21 Sep 2022
Solutions Specialist at Providend
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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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.