Shares & Derivatives
The red in my portfolio – Comfortdelgro down 15.45%
By Miss Niao's Financial Journey (and other random stuff)  •  September 24, 2017
I have blogged quite a few posts about my buy in to ComfortDelgro (CDG) and why I thought it was a good buy. albeit being overvalued when I calculated the company’s actual intrinsic value. Today, I would have to eat my words. And it is indeed because I chose to pay a premium for the stock in the beginning at $2.33. As of the closing price since Friday, the price dropped further by 15.45% from my buying price to $1.975, and thus has significantly affected my portfolio returns, although overall returns still remain green. This is also the first time that I saw a two-digit decrease in percentage points in my portfolio. Interestingly, I am undeterred and nowhere close to suffering from loss aversion just yet. As I read back the blog posts to remind myself of the reasons why I chose to stay invested, it is still relevant and the ......
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By Miss Niao's Financial Journey (and other random stuff)
10 facts about me! I love point forms, they are so easy for the mind to digest. 1) I’m 27 this year. 2) I’m an Electrical Engineer! (you can trust me :p) 3) My blog’s link is Miss Niao because BF always says that I’m a penny pincher. I would prefer that I be addressed as “financially savvy” ...
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