Monday, 17 January 2011

Picking the wrong stocks?

Just for Laugh ...

We all know that we need to cut losing stocks. What about non-losing stocks?

When should we swallow our pride and admit that we have picked the wrong stocks and exit?

  1. When the stock price is still near our purchase price after 1 year?
  2. When the stock price is still near our purchase price after 2 year?
  3. When the stock price is still near our purchase price after 3 year?
  4. When the stock price is still near our purchase price after 5 year?
  5. When STI reaches multi-years new high but the stock price is still near our purchase price?
  6. Never
What is your answer?

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