Hang on a moment, just doing the math here: 112 shares x $4.19058 = $469.35. Where did the other $30.65 of his $500 investment go?
All in Investment
Hang on a moment, just doing the math here: 112 shares x $4.19058 = $469.35. Where did the other $30.65 of his $500 investment go?
If I told you about an investment you could opt into which could result in you potentially losing 50% of EVERYTHING you had, would you do it? I’ve already done it and I can tell you that it is the one investment I pay the most attention to.
It has taken me quite some time to learn about diversification and the impact it can have on my investing. But it turns out that I was actually diversifying even when I still had debt.
When we moved away from Wellington fifteen years or so ago our landlord at the time said “BUY property, BUY anything you can get your hands on, houses have never been so cheap and they are about to go UP in price”.
I had been doing a fair amount of reading about investing in shares in New Zealand and knew the time had come to push the ‘go’ button and buy some. But I had no idea at all how to go about it.
The shoes have ONE YEAR to prove themselves. If they have not been worn in that time she turns around and sells them. She frequently sells them for more than she paid, thereby turning a profit.