I’m a newbie when it comes to investing. And I’m now in the midst of learning a lesson.
To test the water, I bought 1 lot of DBS shares at $15 in October last year. Kept telling myself that I’m gonna collect them dividends and I’m in for the long-term.
But last Wed, DBS share price rose to $20.83, the highest it has been since buying it. I started to falter – sell now to realise the profit or continue holding?
This makes me wonder – do experienced investors veer out of their investing principles when “the time is right” or do they stick to them no matter what? Do long-term investors sometimes become not-so-long-term investors?