Club Mulgoa

Monday, February 27, 2012

RIO and RIA

This is what I call a good exchange.

I didn't have enough money to buy the maximum for SPP of RIA so I had to sell RIO. And after selling off RIO, I needed to sell a few more RIA at 40c to buy the SPP at 30c.

Well, I had a great exchange. RIO has gone down further and RIA has gone up more.

And even better. Today, the market fell by 34 points. The super went up by 0.5% and the wife's portfolio went up by 0.25%. Sometimes, I just cannot explain why but I am delighted with the performance of my portfolios.

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