Our trailing sell stop triggered and we finally sold Monash IVF which is listed in the Australian Stock Market after holding more than a year. Since we were busy with the home office renovation, it is not a bad idea to set up trailing stop to protect our profit. We could have made more than what we pocketed today; but who knows where is the highest high. We could have made lesser if we sold our holdings earlier. Anyway, we are glad with the profit.
Australia cash rate is about 1.7 percent given by the banks, especially the big four after the recent interest rate cut last month. Including dividend and the capital appreciation, we have bring home about 34 percent from selling Monash IVF. It is not a bad deal in the current low interest rate and volatile environment!
Since we've got some capital, it is time to hunt for other potential stocks in the OZ market...
No comments:
Post a Comment