On Thursday, I sold off three stocks, namely SembCorp Industries, Singtel and OCBC Bank. All these stocks were acquired this month (November).
Prices sold for each counter were:
SembCorp Ind: $5.05
Today’s closing prices for these stocks:
SembCorp Ind: $5.18
Prices of these stocks continued to rise on Friday, continuing from Thursday. If only I had waited another day to dispose these shares and I would make some more gain (additional 22 cents per share).
I could feel greed, greedy for more gains. I regretted selling stocks too early, regrets surfaced. Even though, stocks were sold at a profit, I still feel that way. I should have waited but was too eager to sell all three counters in one day, lack of restraint was a problem. In investing, greed, regrets, and eagerness afflict investors. Our rational mind tells us that it is futile to time the market. For all we know, today may turn out to be a bad day for stocks. We cannot forecast how each stock will move each day. So there should be no regrets for whatever actions taken in the past.
Copyright © 2012, limkimtong for Living Investment
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