It is not that difficult to hold losing stocks for a long time. Some may even hold their losing stocks to their grave or crematorium.
Unle8888 gives you an idea of holding a winning stock over several market cycles of Bulls and Bears.
Do you think it is easy to do that?
See carefully the chart below:
Full of regrets?
In the initial years, dividends are like panadol to ease headache; but over the years the panadol slowly evolves into vitamin to strengthen immunity against future Bears. One day, it completely became immune to future Bears. Is that wonderful? Do you know the right sauce?
Last updated : 14 Sep 2020
I am 64 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 21 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2041 @ 85 yrs old.
Disclaimer: Stock trading involves significant risks. Create Wealth trader is not a licensed Investment Adviser and will not be responsible for any losses which you incurred. You are advised to always do your own homework before making any trading decision.