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Tuesday, Jul 2, 2013

Business

Saving a priority for young investor

Tuesday, Jul 2, 2013
Saving a priority for young investor

WORST AND BEST BETS

Q: What is your worst investment to date?

I would have to put my worst investment in the last four years as my holdings in Noble Group.

I bought into the stock in March last year.

After accounting for dividends, my paper loss on Noble is about 29 per cent currently.

Q: What is your best investment to date?

My best returns, percentage-wise, would be my investment in Las Vegas Sands which is listed on the New York Stock Exchange.

I bought it at US$8 apiece in May 2009 and sold when it hit US$40 in March 2011, for a total return of 400 per cent.

rjscully@sph.com.sg


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