17 September 2013

Low finance

Well, what would you have done?  The Government chose to sell part of Lloyds when the share price kicked up over 77 pence, compared with the 73.6 pence they cost, resulting in a profit of about 5%.  Here is the Lloyds share price movement over the past year:

You might have been tempted to hold on a bit longer, waiting for the price to rise further.  Me?  Well I sold my Lloyds shares last month, when the price hit 74.5 pence, compared with the 70 pence I paid for them.

But that's me with buying and selling shares:  don't be greedy, take your 5% profit, be thankful and move on.


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