Chips are up
Wed, 27 Feb 2008 05:26:26
A couple of weeks back I invited you to join my journey into investment. The shares were bought as I explained and here's how they are getting on.
| Company Name | Quantity | Avg Cost Per Share | Latest Price | Book Cost (£) | Valuation (£) | Profit/Loss | |
| £ | % | ||||||
| BARC | 22.314671 | 448.1357 | 500.50 | 100.00 | 111.68 | 11.68 | 11.68 |
| MKS | 24.571542 | 406.9749 | 404.00 | 100.00 | 99.27 | -0.73 | -0.73 |
| Total | £210.95 | £10.95 | 5.48% | ||||
I like the returns for such a short period of time, much better than my bank would have paid. I've started reading an investment book and here are some keys elements I keep seen repeated; long term shares beat any other investment. Yes they will go up and down, but if you leave your money in, shares win the majority of the time. Be patient, 5 years at least. Shares beat property. But we must keep a roof over our head and a mortgage is far better than rent. For additional investments, look at shares.
I'll keep you posted
Ryan Partington
