Asked by Anonymous
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?
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..
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.