Back in kindergarten, I had this pair of blue boots that my mum bought for me that I really liked. Think I liked it because it was a special kind of footwear that could only worn when it was raining. Unfortunately, I think I grew out of it pretty fast because I don’t remember many rainy days, and I also don’t recall wearing it very often.
Maybe I would be rich and famous now if my mum had bought me yellow boots instead…
Lionel Tan posted a photo:
This actually happened to me quite a while back but it should serve as a lesson for managing your own investment portfolio.
Although “buy and hold” is a viable investment strategy, it does not mean that you can just “buy and forget about it”. After a loooong time, I decided to take a look at my stock portfolio and I was wondering why I could not find any prices for some of my stocks!
I thought I was the victim of some scam or maybe the company had gone bankrupt! Thankfully, that was not the case. After digging through filings with the SGX, I found out that some companies had changed their names, some were privatised and delisted (I had already received the payoff and I didn’t realise it!). So please, take an active interest in your investment portfolio even if you are a person who buys and holds…
lioneltan: HIGH CAFFEINE AND SUGAR BUZZ!!!
