She asked me to take a look at her portfolio. Some of her counters were from donkey years, salted fish until cannot salt Liao. I ask her if she want to remove deadweight, she said ok.
She showed me her sgx statement for the past few months, the period of STI rise of about 10%. I realize almost all her counters, also rise and gain with the market. Some of the counters are penny with no real future, but they still gain to different extent. The blue chip counters, those bought 2-3 months ago all gained. It's those that were bought way long ago that are still sinking in red
Makes me wonder if we are better off timing the market?