Mediocre Failures
A couple of weeks ago I had almost posted how well I was doing. Commonwealth Bank shares were up 25%. Tidewater was up 7%, Bombardier was up almost 20% and with exception of Precision Drilling, I was up quite a bit of money. This week, not so much.
Commonwealth is down, though I’ve bought more. Tidewater came out with reduced earnings that missed expectations and I sold Bombardier today for a 17.6% profit. The TSX went down 8% and has since recovered some of the losses. In summary, the markets are no man’s friend for long.
Have I mentioned investing is dull and boring? Waiting for quarterly reports is hardly actively doing anything.
I need to find a real hobby.
