Read? Investing Made Simple by Uncle8888 (21)
ST, Tuesday, August 9, 2011
S'pore retail investors make flight to safety. Massive volumes of stocks traded as many prefer cash to equity.
Engineer Sun Weixin, 28, liquidated his entire portfolio of mainly bank and blue-chip shares yesterday, worth less than $40,000. He suffered a loss but did not want to disclose the amount - but said he felt there is too too much uncertainty to stay invested.
Read? investors flock to low-risk assets, with focus on cash
Read? Should I sell all my equities and stay sideline?
Should Uncle8888 also sell out all equities and stay sideline?
Since 2001 he has been thinking very hard each time a Bear market arrived whether he should sell out all his equities and stay sideline until certainty come back to the stock market before reinvesting. This time is no different and he is thinking very hard too.
So ......
