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Anonymous
I have shares with SG airline for awhile (3-4years) and it is now negative 48% since the pandemic. Any advice?
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Seeing your situation, 2 thoughts come to mind.
Whatever your decision, all the best in your investing journey! It’s always painful to realize a lost, but sometimes it’s for the better. Make peace with it, learn from it and move on for the better!
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Chris
16 Feb 2021
Owner and Writer at Tortoisemoney.com
Personally, I will cut it. There are much better stocks out there than SIA.
But more importantly, b...
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There is no right or wrong and it boils down to personal preference. Everyone's view on investments / losses / gains are very different so most important you must be comfortable with your decision.
I would say, if you are not in need of capital and can let it sit as "paper loss", hold it out for the longer term.
If you believe you can "come back another day" and invest in other stocks to recoup the loss, then cut it and move on to other stocks.
In investing, you win some and you lose some. Just make sure that your wins are more than your losses :)
Good luck in your investing journey!