To The Moon

As some of you may know, I've been holding on to some blue chip stocks since I started with Tigerbrokers, such as $DBS GROUP HOLDINGS LTD(D05.SI)$and $Alphabet(GOOGL)$. I bought them at its peak this year and they have been down ever since. 

I'm down almost $6 with DBS and $300 with Google. It hasn't been an easy journey. With talk of recession looming, I'm constantly reading news that it's time to sell and I'm tempted. I sense a drop coming, but am reluctant because I know as an investor, I should hold over a long period.

These are good companies which are fundamentally sound. It is the macro environment which is causing the drop. Ironically, having mastered the difficult art of "ignoring the noise" and "holding", I am wondering whether I should practice the art of letting go. I know that no one can time the market and I'm always hoping for good news. But given the current bleak conditions, the light at the end of the tunnel seems many months away.

My Decision

I will still continue to hold over the long term with Tiger as part of my path to being a long term investor. It helps that DBS gives dividends and Google is going to split. False hope? Maybe but every bit helps. 

What do you think? 

@TigerStars@CaptainTiger@MillionaireTiger