LNG 0.00% 4.3¢ liquefied natural gas limited

Tomorrows SP, page-60

  1. 5,940 Posts.
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    Naish,

    What you say doesn't make sense. One minute you're banging on about how we are crazy to hold, the next minute you say it's just that we aren't "used to stocks going up and down" like she is. Which is it? You can't have it both ways.

    Also I wouldn't be bragging about the performance you achieved for her. You claim she has 35000 shares and her total portfolio "before the crash this week" which you say cost her from 4.20 down to 2.52 was worth nearly 250k. Remove the LNG shares from that portfolio and the remained is 250k - 147k (4.2*35000) = 103k. Ignoring LNG you grew her portfolio from 40k to 103k in 12 years. That's an average of 8.2% return per year. If you include what you'd made her on LNG when you told her to sell when you did at 48c then you improved the total by $6k or 500 per year and your return for her goes up to 8.7%. 8.7% is a decent return but certainly nothing to brag about. However, even at $2.60, your daughter has made herself $74,200 in <12 months by not listening to you (almost as much as you made her in 12 years). If you're going to choose be smug about something you might want to make sure you have something to smug about first.
 
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