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
Comments
Feel sorry for you. Yeah it can be hard, just buy some ETFs instead
It was not your bad, SG stocks are just too hard!!
Buy some US stocks to make up bro!!!