Good Morning
The market seems to have a problem finding a meaningful bottom...and everyone wondering whether the 1600 level holds...
At such times, sometimes it may be wise to take a step back ,reflect and consider your next move...should you cut loss buy the same at a lower price, or do a cost averaging exercise or switch to higher beta stocks (or theme stocks ) which may rebound faster or all too common "do nothing " strategy..There is really no right or wrong answer ,the choice is really up to an individual's risk profile for shares and financial position...That said, doing nothing is rarely the best strategy ...
Have a good day
Thank you
Chris Choo
chrischoo007@gmail.com
Hi Chris, nice blog! BTW were you previously with TA Securities?
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