My loss in DLC is about 6% of my investment fund, probably I have not grab the strategy of using this instrument.
The loss is well recovered by gain of other shares.
I am not good in predicting market hence i adopt the strategy of cost averaging. When the price of the stock i hold fall below a certain percentage, i will buy in to lower my average stock price.
This works for me, as i manage to put my cost down, and when market moves up to reach a certain percent gain, eg 10%, i will sell to realise the gain.
I like to hold few high dividend stock eg genting, propnex for passive income and stability for longer term.
Guess i still have a lot more to learn from the community here.
Hope for more to come in 2023! Happy New Year!
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