Blame who ? When loss money in investment i tend to look for some reason why it failed ? i can only blame myself for not careful or not patient or not doing more research or trusting other easily. Investing is not an easy job, it need commitment and perseverance. So far i like 3 SG BANKS $DBS GROUP HOLDINGS LTD(D05.SI)$ $UNITED OVERSEAS BANK LIMITED(U11.SI)$ $OVERSEA-CHINESE BANKING CORP(O39.SI)$ but i can only buy slowly, I like dividend income, every time got the dividend i can use it to buy other stock which give another dividend. At the moment many of REITS are in the red, i just thinking properties can only go up not down, but for REITS although it related property it work differently with self ownership property. So if I have big amount i will still prefer to hold my own property instead of REITS/stocks. While another business also dip like $WILMAR INTERNATIONAL LIMITED(F34.SI)$ but I believe they have strength to recover.
At the moment i am worry SG REITS which the properties in the USA, will it ever recover ? I continue holding it because i refuse to cut loss.
I strongly believe in diversification, I hope one day all with bear fruits.
As Buffet said no body want to get rich slowly, I don't mind but i need to learn more ! Wish 2023 H2 a better outcome than H1 !
Still holding $ZIM Integrated Shipping Services Ltd.(ZIM)$ too đ
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Comments
this stock has no track record... it happened to list when ocean freight was at a ridiculous high price ... when freight and all else crashed... down comes humpty dumpty
If ZIM is below $10 then I own some ZIM shares at $10, above $15 is all profit. Remaining between $10 and $15 is a break even. So my risk is owning ZIM under $10, while my reward potential is unlimited.
An Aponte/Ofer partnership in global shipping. $40 is what ZIM is worth, $25 is what most Shareholders would jump at based on today's Share Price for ZIM. $3 billion cash from MSC, a $100 billion business, would unlock $5 billion of ZIM enterprise value, and instant regeneration of $3 billion worth of ZIM's existing cash and investments on MSC's books. Kinda like a Share buyback except no cash loss to MSC.