tag:blogger.com,1999:blog-1602023866179666640.post7380900922727355488..comments2024-03-29T16:13:18.422+08:00Comments on Create Wealth Through Long-Term Investing and Short-Term Trading: Cut losses - The Truth, The Pain, and The Chance!Createwealth8888http://www.blogger.com/profile/08563834016250153049noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1602023866179666640.post-25404028889280521622011-06-01T10:42:08.921+08:002011-06-01T10:42:08.921+08:00Hi,
I guess the answer is this, what did you buy ...Hi,<br /><br />I guess the answer is this, what did you buy the stock for ?<br /><br />Let us say, i bought capitaland at $4, i wanted to turn it into $5, i can see it has fallen to $3.<br /><br />I can see another stock, say, Keppel Land which i feel will go up to $5, from $4.<br /><br />Right, i make the switch.<br /><br />That is, i guess the cut loss strategy.<br /><br />However, whether it will is another story, right cw?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-70120915104538034872011-06-01T09:48:13.569+08:002011-06-01T09:48:13.569+08:00Very good & interesting.
And someone's mo...Very good & interesting. <br />And someone's mother, who is a stock broker has advised to get out of junk share holdings as fast as possible; to put whatever funds accumulated into the next promising "horse", like you said.<br />She encourages one to do this until one's portfolio look quite healthy & prosperous.<br />But it's really easier to say then to do.<br />Nevertheless, we have to try because if not the junk stocks will stay with you for a very, very long time.<br />I know. i have plenty of junk stocks after collecting for 23+ years.<br />But some "junk stocks" give very good dividend leh. i suppose to compensate you for buying and holding them. What to do with this kind of junks? Anyone, any suggestion?Anonymousnoreply@blogger.com