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Post #2 - MY P/L Challenge

How the mighty has fallen. $NESTLE (4707.MY)$ sunk into its 5Y all-time-low in the past few weeks, right after I bought the stock on account of the company's strong brands, good management, good consumer understanding, and overall all-rpund capabilities worldwide. Yes, the PE is very inflated, something I should have taken caution of.
Now, I'm contemplating whether or not to cut my losses and use the money to invest in some very interesting stocks and other fin instruments I have noticed of late, which could give me faster and higher returns. To make things worse, this stock is my biggest holding in my MY portfolio, contributing to 50% of my MY stock value.
What would you do?
Post #2 - MY P/L Challenge
Post #2 - MY P/L Challenge
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A casual investor from MY, learning about the world of equity investment and setting up my retirement portfolio.
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