Monday, January 23, 2017

A bad trading experience

Dear Mr. Tan
My wife and I attended your talk on financial planning a year ago. We liked your suggestion to invest in the STI ETF and to take a long term view. I agree that this is the right approach.

After my wife learned about investing in shares through the stock broker, she forgotten about what you taught. Her friend encouraged her to invest in shares for a quick profit. It worked for a while and then the market turned against her. She is now holding several shares, mostly of China companies, that have dropped more than 50% in value. 

What should she do?


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