Invested into 3 lots of Keppel Corpn using CPF and am staring at a paper losses of approx 1k now.
Brave?
More likely plain stupidity? haha ....
>>>>
update @ 1 Dec 7:00 pm : confirmed buy orders using CPF at 4 lots
Brave?
More likely plain stupidity? haha ....
>>>>
update @ 1 Dec 7:00 pm : confirmed buy orders using CPF at 4 lots
Hi MH,
ReplyDeleteUsually I would ask what was my basis for investing in the stock.
If the basis is still valid, then I would not think too much of the loss. Better to get off the Net, read a book or just take a walk outdoors.
If the basis has changed, then I would simply cut. I would admit I was wrong and take the loss.
Keppel Corpn is a good stock to invest in. I am not bother by the paper losses.
ReplyDeleteIts business segments
ReplyDelete65% - Offshore&Marine
25% - Infrastructure
10% - Property
It has been in the shipping and O&G business for many years now so not to worry so much that it will sink.
l am not that ambitious type.
ReplyDeleteAnything above plain-vanilla bank savings rate (0.05%-0.80%) l will consider selling.
Greed la not stupid.
ReplyDeletehope you have the stomach to be greedy when the time comes again.
hahaha ...
Deleteinteresting.
greed for buying into a stock when the the stock price drop as much as 4.89% or $0.44 in a single day?
a better word for it is suicide.
a better use for greed is when l wait; and wait; and wait for it to hit the lowest price in coming days or weeks.
$8?
$7?
$6?
that's greed for sure.
Wow, 4 lots. Thats a courage. i bought one lot only. haha. I believe your war chest is strong. Think apply dollar averaging better if its for long term investment. cheers
ReplyDeletenot really a war chest; but from recycled funds.
Deletere-investment of proceeds from recent disposals.
Agree on the emotion part; if you manage it well then you can plan your investment well.
ReplyDelete