No la. I think will hit.my avg ish around 2.6
is it too greedy to wait for 3.3 - 3.5?
Just be patient. But if i were u holding at ave 2.6, I won't offload leh. If really want to, maybe just offload like 10% to 20%. Cos may be a long wait for 2.6 to return for u to accumulate. I intend to offload all those > 3. My es3 spread over in 3 diff accounts.Singapore's success lies in its open economy so it suffered greatly during the peak of the pandemic as we had to close our borders which basically shutdown our domestic economy. The performance of STI reflected that harsh reality during the lockdown peroid and was the worst performing index in Asia. Now with IATA and vaccination going well, expect a strong rebound from the bottom. Now, back to pre-covid and pre-Trump-trade-war period and possibily the best performing index in Asia.
I have this fear too and easily affected by others thought till I misses the 18 boat of dbs. If there is a next crash, I will be more brave.like you discussed before, have to look at absolute return too.
During last GFC, I was scared to average up so my average buying price is low and % return is high. But I didn't maximise the $ return.
This time round, I averaged down once STI dropped below 3,000. But after it was clear STI was heading back towards 3,000, i started averaging up starting at $2.80 range as long as STI was below 3,000. This lowered my % return but increased my $ return
I deployed my cash reserve last year. Keep whacking es3 and iwda all the way till Declike you discussed before, have to look at absolute return too.
During last GFC, I was scared to average up so my average buying price is low and % return is high. But I didn't maximise the $ return.
This time round, I averaged down once STI dropped below 3,000. But after it was clear STI was heading back towards 3,000, i started averaging up starting at $2.80 range as long as STI was below 3,000. This lowered my % return but increased my $ return
LOL. I LIKE U!
Dunno why, whenever I see all these analysts view, I got a feeling they want to sell and I should wait to sell too.
Mine is 24% for purchase through cpf oa but for srs one only 6 or 7 % because bought high.
Need to ask them if they vested in these.
If you have DBS vickers account, you can check if DBS is vested or not.
