Wise decision from wisdom people.
Now you can sleep soundly!
To promote further therapy, I suggest to log off from this forum too!
Thanks for your support and we'll sure miss you!

This post has been edited by GrumpyNooby: Mar 18 2020, 04:57 PM

should average down instead. this kind of investment need to keep long term.

Too much stress to the heart, better opt out!

no strong heart and not used to do investment, yup. better stay out.

Wise ppl will only sell when it is not yet reach the bottom and reinvest again when it is start to move up

What he is doing is right, even myself has been buying and selling these few days to avoid myself from missing the chance from buying at lowest point

Those who keep it without buy or sell will need to wait till it back to the same level of buying then only can redeem to avoid loss but who is gonna redeem when it is going up, end up only those who redeem when it start to drop and buy when start to rise will get the profit

Did I condemn his action/move?

i didn't say that but shouldn't ask ppl to log off from this forum
they can choose when to buy and redeem and the same for all of us

I'm offering a solution so that he can sleep soundly at night.
Is that a problem for that?

1k loss from Opus?

no problem for all the comments...this is a forum so i am open to all kinda opinions
personally for me...i also invested in stock exchange and futures
so i assume opus is one of my low risk investment
i am aware of the risk...so i need to cut loss for the time being

yes 1k++ loss come from opus alone
futures market is very volatile right now and stock exchange is bleeding so bad....so loss is everywhere
need to take a break

good luck for all investors
nobody know for sure where the market is heading, we can only guess

Bonds usually don't move that fast. If it moves that fast on the downside especially in this current scenario of the virus, best to cut loss. You made the right choice.

I got out of my bonds for the above reason but my stocks etc I'm still holding as I want to be able to experience how it feels like during such a time as this (so in future I am better able to know what to do when I put in much more $ in it and whether I can tahan or not both emotionally, psychologically and money wise). Also because the amount that I'm holding is not that much as compared to what I'm prepared to put in ultimately. Yes, I'm bleeding a fair bit but I was prepared before I put in $ (although the drop has been way faster and steeper than I did imagine).

Bond down by 1% --> cut loss
Stock down by 30-50% --> still holding

Dear Ms Priscilla Ng,

In light of a nationwide restricted movement control order as announced by the Prime Minster on 16 March 2020, we would like to assure you that our operations will continue to function with little or no disruption.

We have, even prior to the public announcement, activated our emergency preparedness plan in view of the worsening of COVID-19 outbreak both locally and globally. Specifically, the Company’s Business Continuity Plan (BCP) Management Team, which comprised heads from various departments, is driving our responses to the pandemic threat to ensure uninterrupted services to our clients and business partners as well as to protect the well-being of our employees.

Below are the highlights of our responses to the outbreak:

Our resilient infrastructures that could support work-from-home capabilities via secured virtual private network (VPN) gateways have enabled us to mobilize our employees to work from remote locations in order to mitigate the risk of exposures. The Company’s cybersecurity policies have been enforced on employees who are working remotely in order to ensure the security of our network and data.
All of our employees are updated on the situation from time to time and stringent health and safety measures have been undertaken to ensure that the highest possible hygiene standards are maintained throughout every aspect of our daily works.
Travel restrictions are in place to mitigate risk of infection.
Mandatory self-quarantine guidelines are in place for employees who are feeling unwell, have attended mass gatherings or exposure to others who are ill.
Employees have been advised to hold internal and external meetings virtually as part of our social distancing measures.
Advices and guidelines issued by government will be duly observed.
We shall endeavour to meet your business needs through this rapidly evolving situation. In case you have any concerns and questions in relation to the above, please contact our client service team at 603-2288 8833.

Thank you again for your business. We are honoured to serve you and be your trusted investment partner.

Regards,
Opus Asset Management Sdn Bhd

This email, including any attachments, is confidential and for use only by intended recipient(s) for the purpose for which it has been sent. Its contents may be privileged and if you are not the intended recipient of this email, please contact us immediately by return email or telephone and delete/destroy this email and any attachment from your system. Any unauthorized disclosure, use or dissemination either in whole or in part is prohibited. Opinions, conclusions and other information contained in this message are personal opinions of the sender and do not necessarily represent the views of the Opus Asset Management Sdn Bhd. We do not accept liability for any corruption, delay, interception or unauthorized amendment of the e-mail or their consequences.

just to point out your RL name is on the email unless you use a pseudonym

Normally people allocate their fund according to the risk involve
Maybe huge amount in low risk investment and small amount in high risk investment such as stock market/futures

That's because I already have strategy in mind before I even go in. Stocks movement are different from bonds. Just because you don't understand doesn't mean its incorrect

FI funds drop a lot people are selling bonds holdings?

This post has been edited by tadashi987: Mar 19 2020, 02:05 PM

Yup...bond selling worlwide
Opus sipf down 1% today

yesterday you mean

woah dropped 3% in a week, gg