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Anonymous
Any advice?
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Discussion (4)
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Elijah Lee
16 Mar 2020
Senior Financial Services Manager at Phillip Securities (Jurong East)
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Pang Zhe Liang
16 Mar 2020
Lead of Research & Solutions at Havend Pte Ltd
Go back to your investment objective. Reflect upon why you bought these shares in the first place.
Conduct fundamental analysis to determine whether these stocks will be able to help you achieve your investment objectives.
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If you were a trader, you'll have to exercise tremendous discipline to cut your losses in this current market. (Or you might short or do CFD, but that's another topic totally).
However, as an investor, if the businesses we are owning a piece of continue to be good and resilient and we believe that they should emerge from this situation eventually, and we did not leverage to buy these shares, then why would prices going down make us worried?