Should you or should you not? The answer is depends.
Depending on your risk appetite, time horizon and amount of $ in your bank account. If you those who cannot sleep over your investment, I suggest you sell them. After all, no money can buy health and mental health. No point becoming a lunatic over some investment.
You might ask what should I invest in then since I still need to build my retirement nest. My suggestion to you is to buy Index Fund. Not just SGX but the world indices around. Point of Entry is important in this case. You want to buy them when the price is reasonable, not on the high hoping that it would go higher.
As for those who choose to remain invested in equities, ask yourself the following.
Depending on your risk appetite, time horizon and amount of $ in your bank account. If you those who cannot sleep over your investment, I suggest you sell them. After all, no money can buy health and mental health. No point becoming a lunatic over some investment.
You might ask what should I invest in then since I still need to build my retirement nest. My suggestion to you is to buy Index Fund. Not just SGX but the world indices around. Point of Entry is important in this case. You want to buy them when the price is reasonable, not on the high hoping that it would go higher.
As for those who choose to remain invested in equities, ask yourself the following.
- Is the decline of price due to any change in the fundamental of the Co?
- Is the co reporting any decline in profit or losses?
If the answer is no, it is Mr Market feeling depressed and offering you a lower price. You should just ignore him if you have done your homework. This is why it is important to make note to yourself the reason why you invested in the co in the first place. Do not fall in love with your co if it is performing badly , sell it. It is better to cut loss and look for better opportunities with your losers. Time is your friend and your enemy as well if you do not know how to use it well.
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