Wednesday, July 29, 2009

Some Funds in the Black

This month is shaping up as another good one with three trading days to go. Several of the funds we invested in in Snork Maiden's Colonial First State account have now returned to profitability:

CFS Geared Share Fund: $A190
Platinum International: $A131
Souls Small Australian Companies: $A72
Generation Global Sustainability: $A30
CFS Diversified Fixed Interest: $A80

Overall the account is still down $A260 but it is now worth $A15,291. So that's not too much of a percentage loss given what we've been through. We started investing in April 2008. I guess it's the power of dollar cost averaging.

I just got the annual tax statement from CFS, so soon I should be able to do Snork Maiden's taxes.

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