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Wednesday 30 January 2013

City Developments, donations, blah blah

City Developments share price is currently at intra-day high of $11.69.  But unfortunately l have already offloaded it a day earlier from both my SRS and Cash portfolios for a small gains.  I probably need to master the technique for being more patient on growth stocks otherwise l should stick to my usual dividend stocks and plan my exit selling price accordingly. 

I have used the small profit from sales of City Developments in my Cash portfolio for two charity donations made late last evening; the amount donated exceeded the profit on City Development.

Will l ever invest into growth stocks in the future.  Possibly.  But l know l will likely looking for the door to exit just when the excitement starts.  I can never get rich this way; and this results in my donation to charities will not be much.       

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