bs6969
2023-09-04

My $OUE COMMERCIAL REIT(TS0U.SI)$ drops from 0.415 to 0.24 and I am done with stock picking And 🥹🥹🥹💋🥲stick to etf 

Investing in stocks can be a rollercoaster of emotions and financial ups and downs. I learned a painful lesson through my experience with OUE Trust, a stock I purchased at $0.32 per share. At the time, I believed it had potential for significant growth and dividends. However, the reality has been quite different.

As the stock's value plummeted to $0.24 per share, I not only saw my initial investment shrink, but even with the dividends, I couldn't recoup my losses. This experience was a stark reminder of the volatility and unpredictability of individual stock picks.

The pain of watching my investment erode made me reevaluate my approach to investing. I realized the benefits of diversification and risk reduction offered by Exchange-Traded Funds (ETFs). ETFs provide exposure to a broader market or sector, spreading risk and mitigating the impact of a single stock's poor performance.

Now, I prefer the stability and security that ETFs offer. They provide a more balanced and diversified investment portfolio, reducing the risk associated with individual stock picks. While stock picking can be enticing, my painful lesson has taught me the value of a more cautious and diversified approach to investing in the stock market.


@TigerStars @Daily_Discussion @MillionaireTiger do features me for the painful lessons 

💰 Stocks to watch today?(20 Dec)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
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Comments

  • WernerBilly
    2023-09-05
    WernerBilly

    Feel sorry for you. Yeah it can be hard, just buy some ETFs instead

  • WendyDelia
    2023-09-05
    WendyDelia

    It was not your bad, SG stocks are just too hard!!

  • HarryCox
    2023-09-05
    HarryCox

    Buy some US stocks to make up bro!!!

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