The question is whether what we hold are bad for the long-term though, not just for the past year or two. We lost on Carillion - and that's a real loss. However, anything shown on the share value is only a paper loss until it is sold. We did well on a few FTSE100 shares, making handsome returns. We can't let our good fortune on those make us think we can bottle up a quick 30% profit for holding any FTSE100 share for a few month though. This is why we are trying the other portfolio though, to see how investing in companies where a big gain can be made and more quickly.kevinchess1 wrote:garindan
EVERY single share we own is DOWN from the price we paid
Since you posted to have a look at our portfolio we have made 2 more purchases and sold nothing
Made only one sale this year and 2 last year
In the 3 years since our first purchase we have lost about 15% of our money
whilst the stock market has risen by about the same amount
Don't know if there is a list
but I suspect we are one of the worse performing Shares clubs there is
I am a defensive play kind of guy and my thoughts are we would be very unlucky to have backed 7 Carillions. This said - I don't see why we'd consider selling these shares at a loss, when brokers suggest they are solid enough shares and suggest a buy or hold. Knowing our luck we'd sell them and then they'd all turn the corner and go back up...
If you think selling some of our shares while they are down is a good idea and can set out what we should sell, what we should invest in and why then I am all ears as I expect everyone else is