Advertisement

Anonymous

Edited 29 Aug 2021

∙

Should I sell or average up DBS stock?

Bought DBS shares last year at about $19 1 lot. FA that I consulted suggested that I sell all for profit and buy back at a lower price.

Would selling to lock in the profit be better than averaging up?

4

Discussion (4)

What are your thoughts?

Learn how to style your text

Ang Yee Gary

29 Aug 2021

Medicine at National University Of Singapore

What is your valuation for DBS

I have sold most of my investments in DBS

A simple rule of thumb is price to book value so if it is selling above book, consider selling

If it is below book, consider buying

To be fair, if u sell now, u may not get a chance to buy back at a lower price

Having said that, Singapore is a mean reverting market unless USA

Reply

Save

CCW

28 Aug 2021

One consideration is do you think DBS has more room to increase? Or is there another stock with more growth potential where you can put the money in.

Reply

Save

Robin

28 Aug 2021

Administrator at SG

I personally sold my DBS stocks for a profit and then channelled it to the US market.

Depends o...

Write your thoughts

Related Posts

Can anyone advice on when we should sell a stock? Recently a stock that I have been able to drive down the average cost showed a 6% gain. Unsure whether I should sell it now?

What can I do if I have used DBS cash upfront to buy stock, but I feel like selling before settlement date if there is major sell-off or stocks have risen to my targeted price?

I am using dbs vickers cash account. Can i buy a stock on friday and sell it on monday ? I understand that usual trading take 3 days to settle. Do i need to wait 3days later to sell the stock ?

Was trying to sell some stocks which i got using cash upfront today and was prompted to top up my DBS vickers in order to up my sell limit before i am allowed to place the sell order. Why is this so?

How do I sell stocks that are bought using DBS Vickers cash upfront trades? What is the platform with lowest selling fee?

Related Posts

Can anyone advice on when we should sell a stock? Recently a stock that I have been able to drive down the average cost showed a 6% gain. Unsure whether I should sell it now?

What can I do if I have used DBS cash upfront to buy stock, but I feel like selling before settlement date if there is major sell-off or stocks have risen to my targeted price?

I am using dbs vickers cash account. Can i buy a stock on friday and sell it on monday ? I understand that usual trading take 3 days to settle. Do i need to wait 3days later to sell the stock ?

Was trying to sell some stocks which i got using cash upfront today and was prompted to top up my DBS vickers in order to up my sell limit before i am allowed to place the sell order. Why is this so?

How do I sell stocks that are bought using DBS Vickers cash upfront trades? What is the platform with lowest selling fee?

Advertisement