Do not be too troubled by this kind of price movement. I have bought shares and held on to them since my very first paycheck 30 years ago.
I have seen my share holding values peaking then collapsing many times already. They do come back up as long as the company and business fundamentals are strong. All this while I quietly collect dividends and re-invest in more shares.
Nowadays whenever down cycle comes along I treat it as buying opportunities.
Just last year, when the share prices went south due to fear of US tapering off the QE, I "lost" almost $100k in value, but I went in to pick up more stocks with my $50k dividend. Now the shares have recovered somewhat. By the way, I have 30 lots of
SPH.
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Originally Posted by Unregistered
It may pay high dividend but the share price has been going down. I bought at 4.6+ and 4.3+ and now it has dropped to almost 4.00.
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