Read? Cut your losses short and let your winners run???
Read? Singapore Stock Market Is Crap! Can Panda/Koala Investors Still Survive On Scraps???
Uncle8888 is trying to understand how veterans with decades of experience across market cycles in local market and in the recent years they are pointing to lousy SGX for their losses.
A) AS a seasoned stock market investor since the 1990s, Ken is no stranger to market fluctuations and paper losses. As of today, the 56-year-old has lost some S$300,000 in the Singapore stock market, while his investments in the United States and Hong Kong have given him sizeable profits. "Retail investors don't have much confidence here, they're getting toasted," he tells The Business Times. "I've lost so much money that I'm scared."
B) It is a similar situation for 65-year-old retiree CK Law. He has been investing since 2000, and has been more active in the stock market since his retirement last year....