Huh what u invest in? The stock market did so well for the past 6mths. Today only down abit.
One may buy naked puts
No dirty thoughts please
Or use such options to hedge
Long positions in underlying
By the way news reporting about indices
Or stock closes can be very misleading
Big gap up but trade down for all day
Still reported as up if gap not closed
People don’t seem to grasp easily the fundamentals of stock trading. I have often said, that to buy on a rising market is the most comfortable way of buying stocks. Now, the point is not so much to buy as cheap as possible or go short at top prices, but to buy or sell at the right time. When I am bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying the reverse is true. I must buy on a rising scale. I don’t buy long stock on a scale down I buy on a scale up. - Jesse Livermore
I got st engineering. Ocbc. Singtel.
also mid cap n small cap.
Some drop 9% n I am still holding....
My portfolio red now. From profit to losses.
So sad...I still have quite a lot share stuck there...
Not able to sell....
Very depressed....
those are pretty solid companies.......singtel has dividends too....i cant tell u whether their prices will go up in the future or they are already at their peak price,just sell the counters that ur not sure of.maybe stick to the solid blue chip companies that have strong dividend histories.
i plan to keep few years liao. hope this stock i will not keep till i step into my coffin then.
bank account <10k now, a bit sian..have to start to save again.
then have to spend few k to subscribe the ocbc right...sighz...really pok gai
i am thinking to buy sti n dow jone index fund next market crash
Transfer all your funds to Ho Ching, PM Lee's wife and let her invest for you.
Sure will see 30% to 40% growth annually.