facebookI invested a one-off lump sum of S$8k in 2018 and am torn at my options: pull it out now and reinvest when the markets tank further, or leave it in for the long game? - Seedly

Anonymous

07 Jun 2019

General Investing

I invested a one-off lump sum of S$8k in 2018 and am torn at my options: pull it out now and reinvest when the markets tank further, or leave it in for the long game?

I don't DCA into StashAway and am down 5.1% so far. Nothing large, but with the markets on the edge of a crash will it be better to:

  1. Pull the money out now at a 5% loss, wait for the market to bottom out and reinvest the same sum back in SA/a US index fund
  2. Leave it in SA through the coming recession, with the expectation that it'll recover in the long term.

For background: I maintain positions in the STI, ABF and SG blue-chips and regularly DCA into these. SA is for my diversification.

Discussion (5)

What are your thoughts?

Learn how to style your text

Lim Chun Long Jimmy

07 Jun 2019

Co-founder at PolicyWoke (Traded Endowment Policies)

HODL your shares in StashAway.

View 1 replies

Loh Tat Tian

11 Jan 2019

Founder at PolicyWoke (We Buy Insurance Policies)

Look at the market now. It's recovering. See the pattern of see saw? Spooked by the volatility and price action?

I agree to hold (especially they invest in index). So has the market bottom out now?

Please stay put with your current investment in SA, the market is generally bad across the board.

...

Write your thoughts