Wow! What a month July was. We had a quiet start and then wooah everything looked really rosy at the end of last week, before the markets steadied themselves again and my profits graph line has obliged and lowered its nose! So how did you do? What stocks stoked your fires and which ones poured water on it?
My portfolio loser was Sports Direct. It plummeted more than 20% after a dismal showing from Mike Ashley who released the results late and then the small print about a £600million tax bill from Belgium. Hmmmm, Ashley is a bit of an Elon Musk is his attitude for me and 2 weeks ago I nearly got rid of it because I felt I should not have invested in Sports Direct in the first place because I don’t like that time of management. Ahh hindsight. I’ll hang on to them for now. Reluctantly.
However, I think it was the same day JustEat announced it was merging with takeaway.com and saw its shares rocket 20%. So thanks to some handy diversification I was left feeling half flat and half delighted.
Guess that is just a neutral face then.
All in all I made a bit and lost a bit, but ended the month better than how I started so all good.
As per Freetrade’s policy always remember to do your own research.
Remember that past performance is no guarantee of future performance.
This is a discussion only thread and is not advice to invest in any particular stock.