Asked by Anonymous

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
      24 Answers, 37 Upvotes
      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
      12 Answers, 28 Upvotes
      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
    55 Answers, 103 Upvotes
    27 Oct 2018

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

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