To The Moon

If there is one thing the market has taught me, it's to have patience. I have began to see investing like growing a plant. One example of a stock which I "cultivate" is $DBS GROUP HOLDINGS LTD(D05.SI)$ . Now, DBS has gone from $33 to $30.59 (as of 1 Jun 23). If I didn't have this perspective (like my perspective last year), I would have sold it in worry and hurry. Since then, $DBS GROUP HOLDINGS LTD(D05.SI)$ has yielded good fruits for me (via dividends, which are record dividends at $0.92 at the start of the year). I did sell them last Dec (at $34) and that was opportunistic but in general, I think I've learnt that it's important to buy DBS at the right cost (which I believe it to be at $30) and to hold. But with my selling at $34, perhaps this selling could be considered as the "reaping of fruits". I often remember Warren Buffet's advice to buy when the market is fearful and sell at the sound of trumpets, which is why I sold it when it reached that high. However, I still want to hold DBS which is why I bought it back when it was lower ($33). Although it is has gone lower to $30, I am not worried because I know it will continue to go and grow for record growth (very much the first earnings call this year). I also understand that stocks move in cycles and disasters (both financial and physical types). I previously wrote an article about this, which you can reference, but my main point is that it is normal when stocks start to go down and back up. Disasters will definitely happen each year and they will be augmented with "prophets" who will "predict the worst market drop ever" or herald "impending market crashes". But I know the bull market will return. It is only a matter of waiting and growing, but with an eye on the company. For example, can DBS fail? Well, low chance but it is not impossible. What I mean is to know your company well, understand how it is doing and if you need to bail because the company is in trouble (think $Credit Suisse Group AG(CS)$ (Bearish) , then make sure you do so. Otherwise, when you invest, don't only spend money. You must be ready to spend time to wait, wait, wait and for the company to grow, grow, grow. @TigerStars