I’ve a diversified portfolio totalling 130k but currently at a loss of about 30% due to market downturn - I don’t need the money, shId I just leave e investment there ? - Seedly
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Anonymous

Asked on 26 Oct 2018

I’ve a diversified portfolio totalling 130k but currently at a loss of about 30% due to market downturn - I don’t need the money, shId I just leave e investment there ?

I have a diversified portfolio of Singtel, Venture, AEM, Olam, Keppel Corp and SembMarine totalling 130k but currently at a loss of about 30% due to market downturn - I don’t need the money, should I just leave the investment there ? I was thinking if I should cut loss but not like I have better things to do with the money. What do you think?

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Colin Lim
Colin Lim
Level 7. Grand Master
Answered on 27 Oct 2018

This is the current market trend and i feel personally there is no need to cash out... What i feel is you can do rebalancing of your portfolio. Top ups~gradual topping up to rebalance..

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Boonhow Eng
Boonhow Eng
Level 4. Prodigy
Answered on 27 Oct 2018

if the reasons you bought them are still intact, then you should keep them. paperloss of 30% due to market downturn is not a "right" reason to cut loss.

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Lee Jiahui
Lee Jiahui
Level 6. Master
Answered on 27 Oct 2018

Sell at prices you won't buy. Buy at prices you won't sell.

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Brandan Chen
Brandan Chen, Financial Planner at Manulife Singapore
Level 7. Grand Master
Answered on 27 Oct 2018

Well, how long you intend to hold them for? How do you view these stocks will perform in the next 5 to 10 years? If your view is positive, go ahead and hold them for now and double down when market tanks further to average out your cost.

The decision to sell off should also come be determined by the alternatives you have. If you have no viable alternatives or strategies to park the cash, perhaps holding on may be your best bet

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Nadine Poh
Nadine Poh
Level 3. Wonderkid
Updated on 06 Nov 2018

I have a similar portfolio around 120k also with about 20-30% loss. I don't need the money currently. My plan is to sit tight and continue receiving dividends. Selling anything now would just mean that I'm inking up a confirmed loss. If the companies you have invested in are solid, they probably should manage to hold up even in a market downturn. I suggest you just ride it out

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Jefferson Soh
Jefferson Soh
Level 4. Prodigy
Answered on 28 Oct 2018

That's not a diversified portfolio. U have only sg stocks and all in sg. I would advise you to read up on portfolio allocation.

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Gabriel
Gabriel
Level 8. Wizard
Answered on 26 Oct 2018

Since you do not need the money and have no other alternatives in mind, I'd suggest leaving your investments as it is, in hopes that the market will recover soon or in the near future. But if you need the money, sell it off to cut your losses.

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Eddie Ng
Eddie Ng
Level 2. Rookie
Answered on 13 Nov 2018

As some pointed out correctly, this is not the right portfolio diversification. Your portfolio should consist of cash, bond, unit trust, equity, property and etc. At this current climate, best is to allocate a bigger portion to cash & bond. You can slowly reduce your equity holding by selling off stocks that have fundamentally moved to down trend. But again, it will be your call based on your fundamental analysis. Cutting loss is painful, but better than no fund to invest when the next bull cycle.

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Dwivid Sharma
Dwivid Sharma
Level 5. Genius
Answered on 30 Oct 2018

Hi,

You have a good portfolio of stocks. Most of the stocks have provided a good return over the long term as the previous performance. In this situation, I would like to suggest you go along with your investment. Consider your self as an investor, not a trader.

Most of the stocks have huge potential to provide a good return over the time. Be calm !!!

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Jason Sin
Jason Sin
Level 8. Wizard
Answered on 30 Oct 2018

It is not a good position to be at the moment. At the current market situation, it is better to relook at your portfolio. Ask yourself why you have bought the stocks in the first place and whether you believe the company will do well in the next 10 years. If you still believe in their potential, then keep it. Otherwise, it might be better to redeploy your capital into stocks which stands a better chance in the current market.

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Nicholas Chan
Nicholas Chan
Level 6. Master
Answered on 27 Oct 2018

Buy more.

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Elsa Goh
Elsa Goh
Level 6. Master
Updated on 27 Oct 2018

If downturns like this make u nervous, u may not be suited for heavy stock investment. When the market is better consider reducing the proportion of ur portfolio in shares and shifting it to less risky investments.

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Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 9. God of Wisdom
Answered on 27 Oct 2018

Leave it. Unless you know of a better way of making money in any market condition.

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Jefremy Juari
Jefremy Juari
Level 4. Prodigy
Answered on 30 Oct 2018

Why are you still invested in stocks after the top gave way and already entering the bear market.

Give yourself a break, then take a look at short term investments, e.g. Quarterly investments at 3-5% or looking at income producing assets. Have some pity for your money burning in stocks.

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