Sitting on over 40% loss so far thanks to a dividend investment paid 'expert' advice last year that I took too much faith in. Wouldn't have touched it normally.
So many times paid advice has set me on my a with $$$$$ in losses. So many financial advisers punching above their weight and just totally winging it in bull market times to recommend shares that are overvalued. Most FAs are useless IMO and a huge rip off.
Seems BKL very susceptible to Chinese market still and with everything else going on in Australian economy with multiple red flags popping up. Will consider a lower entry point but looking for more promising opportunities elsewhere instead of trying to cost average on this one. BKL may well just end up being one of those long term stocks that takes many years to recover and is a drag on overall portfolio performance.
BKL Price at posting:
$92.36 Sentiment: Hold Disclosure: Held
