Hi FH, the Chinese tech stocks are reaching one low after another, take Kuaishou as example.
The method of averaging in doesn’t seem to work well in this free falling environment.
Many of my counters are bleeding, turning from profit previously.
Can you advise? Thanks
Me too, anonymous FH Reader, me too.
My China tech portfolio has gone from being up 30% – 40%, to being down 30%. With much of the pain coming from the past 5 days.
So if this is you, the first thing you need to do is to forgive yourself. Don’t beat yourself up too much, and don’t let emotions cloud your decision making.
Because even the big boys like Temasek were hit.
In this article, I wanted to share my personal views on how to approach the issue.
A lot of you have asked for the best China ETFs to buy to get exposure to China (as a Singapore investor). So we’ll cover that too....