Wednesday, July 3, 2019

Sold my shares in F&N

Yesterday, I sold my 7 lots of shares in F&N. After a holding period of 56.6 months, I suffered a 36% loss, mitigated partially by the dividends received during the period. Looking at my portfolio, it now consists of Delfi, Hong Leong Finance and Colex. A quick back of the envelope calculation shows that I am just slightly ahead on my capital. That is, after more than 10 years of investing, I am back at the starting point and this means I performed worse than leaving the money in a savings account. Reorganisation will be coming soon!

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