tag:blogger.com,1999:blog-29462482.post7082060440673190090..comments2023-10-17T15:46:53.662+08:00Comments on nexttrade: Market Outlook as at August 17, 2015Alex Luhttp://www.blogger.com/profile/08920196030603399063noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-29462482.post-71505222494807259812015-08-17T15:35:27.702+08:002015-08-17T15:35:27.702+08:00well said Alex! i view selling as the cheapest for...well said Alex! i view selling as the cheapest form of insurance just like when i needed a condom.😉laihttps://www.blogger.com/profile/16762114248410938837noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-55671670128691723222015-08-17T14:57:23.834+08:002015-08-17T14:57:23.834+08:00Hi Kim Soon
The market will recover back after th...Hi Kim Soon<br /><br />The market will recover back after the fall. If you wish to hold your existing stocks for next 3 or 5 years, you can choose to hold on. The advantages of selling now are:<br />1) You may be able to buyback the same stock at lower prices <br />2) You may be able to switch your portfolio to better stocks later<br />3) You may need the money later and won't be selling at lower prices then<br />4) If you are not heavily invested in the market, you have a clear mind to invest when the time is right<br /><br />The first 2 advantages can only be realized if you reinvest after the share prices have declined. If you can't do that - as it's not easy to buy at the market low with all the fear and panic of the crowd - then you can just ignore the market fall. The worst thing to do is to ignore the market fall,only to sell at the market bottom because you are overcome by doom & gloom. <br /><br />The next question to ask: Is it too late to sell now? It depends on the stocks (Why sell UEMS or Parkson at these low prices?) and the buyers' bids. On August 13, the bid prices were pretty decent and that would have been a good day to sell. That's why I posted this piece: http://nexttrade.blogspot.com/2015/08/market-outlook-as-at-august-13-2015.html<br /><br />Finally, I like to say that it is not easy to decide to sell. It is a more difficult emotional process than when you decide to buy. You would probably be selling with pain because of losses or missed opportunity for higher gain. On the other hand, when you buy a stock, you are doing so with hope. If you can acknowledge that dichotomy, you would be a better investor the next round.<br /><br />Good luck!!Alex Luhttps://www.blogger.com/profile/08920196030603399063noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-13046249454272066942015-08-17T12:15:47.936+08:002015-08-17T12:15:47.936+08:00I am investing in few companies since last year an...I am investing in few companies since last year and currently it is in paper loss (from paper gain)....<br />Do you think it is wise for minority investors (i'm not traders nor speculators) like me to cut loss seeing the chaotic market outlook but i have confidence on the future prospects of the Company I'm investing in?KShttps://www.blogger.com/profile/12932163237861532249noreply@blogger.com