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Anonymous

01 Aug 2020

General Investing

What can one do to resist the temptation to sell the winners in a stock portfolio?

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j

01 Aug 2020

IT at Accounting firm

It's hard to resist the temptation of taking profit from the winners, but perhaps having a system and sticking to some core indicators offer some guidance on when to sell eventually

if its looking at value investing, a good question to ask is if the company fundamentals have changed/ is declining, otherwise it would be a good idea to hold on to it long-term as it will grow further

meanwhile, if it is about trends, ask yourself if there is any reversal - be it cross overs or changes in candlestick patterns

with these pre-determined checklist, perhaps it will reduce the emotional parts in investment, and if this system works, repeat n continue (: or if uncertain, taking partial profits might be good as well

Sharon

01 Aug 2020

Life Alchemist at School of Hard Knocks

Whether it's a good or poor stock, don't look at it too often. Instead, monitor news that affect it e.g. through The Edge, The Business Times, or even Facebook groups like Singapore Stock, REIT and Bond Investments. It will reduce the temptation to sell if it's a good one.

However, if you realised the business fundamentals have declined or expected to decline, you can consider selling it.

For example, I recently cut losses in First Reit at $0.70, when news broke on Lippo Karawaci rental restructuring early Jun. I expect future downward rent. I bought it at $1.00. Now 2 months on, the price went down even further to $0.555.

Meanwhile, 10 years on, I'm still holding on to MIT, since its IPO. If one day its business fundamentals have declined, I will also sell it.

Alex Chua

01 Aug 2020

Seedly student Ambassador 2020/21 at Seedly

You can ask yourself? Will it continue to be a winner? What factors continue for them to do so?
If a...

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