Today I am in a story-telling mood and decided to share my investment story of few years back to remind myself and young investors out there to be more prudent. In what way? You shall find out.
1. The Aztech story
Why I invested in Aztech?
Cos I chanced upon some juicy analysis post from a veteran finance blogger at that time on how wonderful are the company’s producing and how good the potential earning of the company’s going to be, why he chose to invest etc. So I decided to invest in the shares in year 2010.
The share price of Aztech dropped over the years as business was not going well and its dividends had been negligible (no ‘panadol’ to ease my headache). There was a period when I thought that its earning was recovering (I recalled there was an article by Songsinger-ley Fool about it being a small conglomerate with good diversification) and bought in some more at $0.13.
#Diversification or Diworsification? …