Forum
Last updated: 

What should I do if I keep long money in the stock?

I have been investing for many years, but I keep losing money in the stock market. I worry that if this keeps up, I might not be able to gain profit and eventually go bankrupt. I have myself and my family to feed with my current line of work. I am new to this industry so I am not aware of any solutions. What should I do?

Search other products or providers:

User comments

  • user image

    No Name

    Investors with a losing portfolio usually hold on to their losers and hope that one day their investments will turn around which is why you need to compound your wins.Always invest in good companies. Research is key to finding good companies. Portfolio diversification is very important as it help us to minimize our non-market risk but avoid diversifying too much. Finally, you should only invest when the opportunity arises.

    2020.03.24 15:44

Please leave your knowledge and opinion!

Related Forums

Investment

What are the different SmartPhone devices that I need to start a business using my smartphone?

Investment

What is the best unlimited mobile data plan in Singapore?

Investment

What skills should I have to be a good investor?

Investment

What are bond and how do they work?

Investment

How much can foreigners borrow under the amendments to the Moneylenders Act?

Investment

I'm investing on a farm abroad by using my credit card.I got scammed

Related Reviews

Investment

5% year-round cash rebates on dining, groceries, petrol and more

For me nothing beats the 5% year-round cash rebates on dining, groceries, petrol and transport (that is taxis, ride hailing, trains and buses inclusive), locally and overseas when you spend minimum S$600 per month. And the cash rebate is capped at S$150 per month. So if you don’t drive, not to worry as you can enjoy 5% cash rebate for your transportation needs, be it a taxi ride, a booking made via ride hailing apps, or trains/buses.

HSBC Premier MasterCard / HSBC Bank Singapore

Investment

Zero Travel Related Online Merchants

The Citi SMRT card is a pretty decent card for spending but they unfortunately exclude travel related online merchants. This to me is the downside of the card and may be a reason to get another card for travel websites.

Citi Prestige Card / Citibank Singapore

Investment

Customer care service at top notch

This is my first credit card and I was pleased with the process as the application was absolutely stress free and smooth with customer care service at top notch. I actually felt taken care of and it appeared I could rely on customer care service for virtually any issue. Plus they have a simple tracking system of cashback rewards, with a good App and web UI/UX.

American Express True Cashback Card / American Express International

Investment

Great customer service officers

I have had this card for a long while. The good thing with the card is that AMEX have been waiving my annual fees which is probably why I still have the card. The pros with this card include – Great customer service officers that are friendly and will do their best to help you with prompt follow ups, direct credit of miles to your Krisflyer account, many small promos every few months with a fantastic sign up promo, no minimum spending and perfect for concert lovers as AMEX offers priority to provide tickets.

American Express Singapore Airlines KrisFlyer Ascend Credit Card / American Express International

Investment

Consumers earn 2.4 miles per S$1 spend overseas and 1.2 miles on general local spend

OCBC Voyage Card is perfect for well-off consumers with a shifting travel schedule, who want to earn high miles locally and overseas. Consumers earn 2.4 miles per S$1 spend overseas and 1.2 miles on general local spend, which aligns with similar cards. Consumers are most likely to benefit from OCBC voyage card if they spend most of their budget locally, with at least 25% of local spend on dining.

OCBC VOYAGE Card / Oversea-Chinese Banking Corporation

Investment

When I apply via MyInfoget I get to use my card instantly

So it is really convenient that I can get and use my card instantly when I apply via MyInfo. And the cards instant digital card that can be used for mobile wallets, online and mobile app purchases. Now aside from the same day physical credit card issuance for online applications you also get S$50 cash rebate upon approval with no minimum spend required. However that is only for new OCBC Credit Card applications.

OCBC Robinsons Group Credit Card / Oversea-Chinese Banking Corporation