1. Portfolio value on 7 May 2008 - £3,366.50
2. Portfolio value 6 October 2008 - £2,960.00
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Starting on 7 May 2008, we began watching the value of the following shares:
1 ABERDEEN ASIAN INCOME (ORD) Price 120.75 pence (Price 6 October 103.00 pence)
2 HG CAPITAL (ORD) price 889.0 pence (Price 6 October 820.00 pence)
3 MITHRAS (ORD) price 127.0 pence (Price 6 October 111.00 pence)
We have no inside information on any of the above.
We do not own any of the above.
We are not experts in investment.
We are not suggesting that the above are necessarily good investments.
We found the names at www.trustnet.com
We have studied the recent performance of the above.
We imagined buying £3,366.50 worth of shares:
1000 Aberdeen Asian Income (Ord),
100 HG Capital (Ord)
and 1000 Mithras (Ord)
1. Portfolio value on 7 May 2008 - £3,366.50
2. Portfolio value 6 October 2008 - £2,960.00
HG Capital - £69.00
Aberdeen Asian Income -£177.50
Mithras - £160.00
Total loss - £406.50
29 October 1929, 'Black Tuesday', was a bad day for stock markets. The Great Depression of the 1930s began.
It took twenty-five years for the Dow Jones to recover to pre-1929 levels.
On 19 October 1987 world stock markets had their biggest one-day crash in history.
Within two years the Dow Jones had recovered.
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