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Anonymous
Most of my cash is tied up in STI ETF which has been underperforming. With the current market, I see some opportunities to buy stocks cheaply. I am wondering if it is a good idea to take out this 2k which has already accounted for the loss to DCA into 1/2 stocks which I have shortlisted.
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Just Being Ernest
20 Mar 2020
Content Creator at www.youtube.com/c/JustBeingErnest
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Newsflash, everywhere (even traditonal safe havens such as gold, jpy) is underperforming, STI is not the sole orphan in this equity meltdown.
Since the bulk of your STI investment (alr in the red) in absolute amounts is not high, it made not much sense to realized your loss permanently, might as well let it be. In times of black swan events, sometimes its best to learn how to comparmentalize the spilled milk away.
I would rather focus on building a new warchest and prudently deployed them over a one-year period on your shortlisted companies while being aware that lower lows is highly probable in the short-mid term horizon
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You have to make your own analysis whether you can offset the loss from selling STI by profiting thr...
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Yupe, is like opportunity cost.
If you see that other stocks will have a better recovery than STI, then go ahead to make the switch.
No need to think so much
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