In this forth installment of the Long vs Short series I am once again going to take look at the chart comparisons for a stock from the Share Investor Portfolio and compare the 10 year return (above) to the turmoil of the last year with a 1 year return chart (large chart at bottom of post).
In this series I want to show the merits of investing, using charts, for the long-term vs short term gains or losses. I will use the longest available data to me for the long-term view (10 years )and will make a comparison against the NZX50.
In the forth of this segment of Long vs Short I will take a look at Fisher & Paykel Healthcare [FPH.NZ]
I have held 2000 Fisher and Paykel Healthcare shares since May 2007 and have added more since then to take the total to 5000 (see small chart below for detail)
My Portfolio | About | ||
Symbol | Price | Value | Earned |
$3.38 | $16900 | $3550 | |
You own 5000 [FPH.NZ] shares purchased at $2.67 [$13350] | |||
My total return after 18 months or so is just over 26%. That is after dividends and tax credits are added and brokerage applied.
Very good considering current market conditions.
If I had held this stock for a full ten years (see large chart at top) my return would have been over 210%.
By comparison if I had held the stock for just one year (see large chart below) my return would have been a loss of 35%.
This is in spite of the stock being a relatively good performer this year.
No stock in this series, yet, has proven to be a loser over the longer 10 year period and Fisher & Paykel Healthcare is no exception.
Long vs Short series
Mainfreight Ltd
The Warehouse Group
Sky City Entertainment
Fisher & Paykel Healthcare @ Share Investor
Why did you buy that stock? [Fisher & Paykel Healthcare]
Drinking and Trading
Big Fisher & Paykel Healthcare share trades a curious tale
Share Investor's 2008 stock picks
Fisher & Paykel: A tale of two companies
FPH downgrade masks good performance
Related Links
Fisher & Paykel Healthcare financial data
Related Amazon Reading
Using Technical Analysis: A Step-by-Step Guide to Understanding and Applying Stock Market Charting Techniques, Revised Edition by Clifford Pistolese
Buy new: $26.97 / Used from: $1.99
Usually ships in 24 hours
The Business of Healthcare Innovation
Buy new: $36.00 / Used from: $22.50
Usually ships in 24 hours
c Share Investor 2009
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