Friday, 22 June 2018
There were times that I wish I did not invest
Read? There were times that I wish I did not invest
My Singapore equity consisting of mainly blue chip stocks of the STI component stocks declined over the past weeks. As a whole, it declined 23.6% from my costs of purchases. Some stocks were bought as far back as in 2008.
I am of the opinion that to pick stocks for investments is harder with the volatility of stock markets. After buying them, I see them declining later.
Holding cash seems to be an option for now. If inflation is benign, then cash will not be eroded due to inflation. Sometimes one wonders whether it is far better to spend money than to invest and then see one’s investments losing values. That is the stage I am at. I have no confidence in investing right now.
In personal investment blogosphere; we need more hobbyist bloggers like him without any vested commercial interests.
Personal investing with our hard earned saving is tougher than we think after surfacing the cyber world coming across on daily tons of vested interests articles telling investing and trading is simple and easy. You just require their proven methods either FA, TA or FATA or HA
Quote from Temperament: "Stocks bought from 2008/2009 should be in the money."
ReplyDeleteMaybe starhub, sph, SembCorp, sia, capitaland, golden agri? Depends which month of 2008 too :P
Think his overall portfolio still make money lah ... only his individual SG stocks portion disappointed.
Ya these few weeks will be rather exciting. LOL
I think Trump still doing his art of the deal thingy. Will have to watch the show in July / August to see the outcome.
Still got 25% of my portfolio in cash ... must control my itchy fingers ... especially for tech stocks & consumer discretionary. Grrr!!
Pardon me asking, what is HA?
ReplyDeleteHope Analysis :-)
ReplyDelete