Blog

Rough week on the sharemarket?

by Nigel Ramsay, Principal Consultant, Abletech | Jan 18th 2008

It's been a bit of a rough week on the share market. Both in New Zealand and Australia. Currently we're up to 12 straight days of losses.

But, is it really all doom and gloom? I've been keeping a close eye on my portfolio using Sharesight. Sure, there's some red in there, but it's not that bad. The reason I'm not terribly depressed is because I get the full picture on my portfolio. That's capital gains, dividend payouts and also currency movements.

For many of my shares, I'm actually still ahead compared to this time last year. Take for example, my investment in Colonial Motor Company (CMO.NZ).

Rough week on the sharemarket

Including those 12 straight days of losses, I'm actually ahead by 8.5% Sure, if I only look at the capital gains or losses - it's a sad story. But, to get an accurate picture you have to look at all of the individual components that contribute to your total performance.

So I suggest if you're feeling a little down about your investments, take a closer look at all the components - Capital Gains, Dividends and Currency movements. I think you'll find it's not as bad as your initially thought!

If you don't already have a Sharesight account, sign up today!

Track AJ Bell trades with Sharesight

Track your AJ Bell trades with Sharesight

by Stephanie Stefanovic | Jun 20th 2024

If you trade using UK broker AJ Bell, you can automatically track the performance of your trades using Sharesight's portfolio tracker.

Sharesight email alerts

Stay on top of your Sharesight portfolio with email alerts

by Stephanie Stefanovic | Jun 17th 2024

Sharesight makes it easy to stay on top of your portfolio with email alerts for corporate actions, share price changes and weekly performance summaries.

June product updates

Sharesight product updates – June 2024

by Ben Clendon | Jun 11th 2024

Key updates this month include the deployment of the new holdings page to all users, additional broker support and improvements to reporting and trade creation.