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Is it time to sell stocks? DBS back at pre-COVID price!
By Financial Horse  •  December 5, 2020
Quite a few of you have asked me whether I will be selling stocks. And with a chart like the below, it’s not hard to see why. We’re in the midst of a global pandemic and the worst recession since WWII, and DBS’s share price is back to where it was in early March, before COVID blew up! Now whether to sell is ultimately a personal call. If you bought DBS at $20 just 6 months ago and you’re happy with your 25% gain, locking it in could be the perfectly right thing to do. So I’m not going to try to tell you what to do with your money. BUT I will share my thought process for approaching this decision, and you can decide if it helps you. BTW – We just launched a massive Christmas Promotion for all investing courses. If you’re stuck in Singapore in December, why not learn to invest properly? 2021 will not be straightforward for markets – likely with lots of opportunities for investors! Check it out here!...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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