Age is just a number. Best to continue working so that the mind stay active and keep dementia at bay. Work because you want to, not because you need to.
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When the stock price rise, I just leave it be. When the stock price falls, I also leave it be. Once you sell the stock, where are you going to invest the funds anyway. So just stay invested and ride out the turbulence.
It's a trap. Even if the govt promised to support the market now , there's no guarantee that there will not be a reversal of policy in the future. I will not subject my money to the whims and fancies of the govt.
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Be a contrarian. Buy when people are selling, sell when people are buying. Everyone else might not be correct. As long as you are not on leverage, you can afford to hold on long term to reap the return!
As the financial advice goes, always pay yourself first. Always remember to set aside the amount to do continuous investment and it'll pay off at the end.
Depends on the stock. For a reliable blue chip stock, patience is a virtue and time heals all wounds.Just hold and the price will rebound one day. In the meantime, earn from the dividends. If it was a speculative purchase of a random stock, just bite the bullet cut loss.
Knowing when to buy is not a problem. Knowing when to sell is the problem. You can always average down the buying price. But once the stock is sold,the price is fixed. Set the targeted profit margin and sell. Don't regret when the price goes up. Just be glad when the price goes down coz it is next to impossible to time the market right.
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Easiest and favourite feature is to offer stock vouchers up for grabs in addition to moomoo merchandise. Afterall cash is king!