In this sixth 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 chart) 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 this segment of Long vs Short I will take a look at Freightways Ltd [FRE.NZ]
I currently hold 8200 Freightway's shares after buying them in July 2006 (see small chart below for detail)
The company has been a good performer over its history and has lifted profit slightly over the last year.
Symbol | Price | Value | Earned |
$2.85 | $23370 | $164 | |
 | |||
You own 8200 [FRE.NZ] shares
purchased at $2.83 [$23206] | |||
If I had bought this share just a year ago (see large chart at bottom) my return would have been minus 30%, proving once again short term investing can be very volatile.
Now for the real point of this comparison lets look at the
return for Freightway's shareholders who have held the stock for 10 years. (see large chart above)
From a high of a 570% return in 2007 a 10 year return is still around 220%.
I am looking for a long term loser after six installments of long VS short but Freightways ain't one of them.
Freightways @ Share Investor
Freightway's keeps delivering
Why did you but that stock: Freightways Ltd
Freightway's delivers
Freightway's packages up a good result
Long vs Short Series
Pumpkin Patch Ltd
Fisher & Paykel Healthcare
Mainfreight Ltd
The Warehouse Group
Sky City Entertainment
Related Reading
Freightways Financial Data
Related Amazon Reading
The Warren Buffett Portfolio: Mastering the Power of the Focus Investment Strategy by Robert G. Hagstrom
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c Share Investor 2009
