Sold everything
I understand the concept of long term, obviously I have done that last week. However, after careful research and analysis of global politics, I have concluded that the conflict in the middle east is just beginning, and the rate cuts in the US further exacerbate the fall of the stock market. Not only that, but I don't see the market turning green any time soon, maybe earliest would either be when the US rate cuts happen, or the conflict in the middle east comes to a peaceful resolution. If I'm wrong, I'm wrong, this is just my opinion, which is why I sold all my stocks because I want peace of heart
if you want to continue holding on, go ahead, you may also laugh at me when markets suddenly go up this week, but I don't think it will.
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105367496 : Good decision
103089151 :
will check back on this in few weeks
OgyFedCatWithWetPud : u can do it brother![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Kgymluvluv : Personally i agree with what you've said,in fact I've lost more than you and now I'm queuing for selling some of my stocks already..
Mandy Lim1688 : I keep picking up bargains
Aung July Moe : Definitely
103459283Mk : I also sold 2 shares and lost RM700... wait until the market gets lower before buying other promising stocks.
104934302 : if u think rate cut not happening plus war fare could not resolve in 3 years aka long term investment period, then ur act is justified.
otherwise u are just short term/mid term investor
Long-Term Investments
big bad wolf OP 104934302 : if you want to hold stocks for more than 3 years, that's good. but for me, my risk tolerance is low because I'm investing more than 10% of my assets which is a lot for me. not only that, but I'm also new which means I will make newbie mistakes, but I am still eager to learn more as I progress with my investment journey.
103018475 : I cut loss more than 10k ....cry until no tear.
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