CLH (ASX) Fool

Originally posted by SnowSigma ↑

@bobbyben & dana2801
The motely fool did not advise you to put a large sum of money into CLH as it has a medium risk profile and a market cap of approx $300 million. Small cap refers to a company usually with a market cap under 1 billion which usually indicates a higher risk, less established business. This is the metric you should be looking for dana2801 not the actual amount one share costs as this has no relevance to the underlying business or the amount of money you invest or why you would choose CLH over CSL.

This information is readily available on the motely fool service so if you had educated yourself prior to blindly throwing your money around we wouldn't be having this discussion. Its like doing no research and then buying a house in a mining town and then blaming realestate.com.au, your conveyencer and the government for taking stamp duty and not guaranteeing your investment.
Instead of coming onto the forum and bagging the motley fool for you deciding to put too large a sum of money into CLH maybe you should have paid more attention to the overall advice as well as their advertising which suggested on numerous occasions that you open a US trading account and invest in a basket of US shares which would take you all of 30 minutes. For arguments sake you could have invested $100,000 on the 5th december 2011 when the australian service opened at an exchange rate of 0.9751 , follow their recommendations and you could have been sitting on a total of $220793.86 converted back to AUD today.

I'm up 70% in australian dollars since april 2013 on the amount i transferred into the us account upon their advice at a much lower exchange rate as I finally gave in to their incessant "advertising" as it became apparent that the returns on offer were there to be had with an educated approach which can only be achieved by listening and reading, therefore my short term losses on CLH are negligible. *Note: Short term losses

sour grapes due to poor personal decisions are not a good look.

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1. CLH is less than 10% of my small portfolio,,so no, I havent invested a crazy amount, and far from 'ranting and raving' or bagging MF I wished people good luck with their future dealings.. It just wasnt for me. My comment was that CLH was the one stock I did not research myself but went by MF's rec, and per their rec, I still plan to hold it long term. It's in the red at the moment, but Im being optimistic for its future.

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