On Wednesday, October 7, I sold all my shares of Gazprom.
I bought those shares in the summer of 2012 for $ 8.95
and now I sold them $ 4.45. In three years, the value of the shares lost about
half. There are many different causes, low commodity prices, international
politics etc. My loss of this adventure came to € 1090.58. When I take into
account the dividends received during the three-year € 127.21, the total loss
is € 963.37. This defeat can I reduce previous gains on the sale of this year
and to lower my rate payable by the capital gains tax.
Taking a small loss was the main reason to sell Gazprom's
shares, secondly, I do not think Gazprom's a very good dividend payer in the
future, and I also wanted to reduce the political risk of my holdings.
No comments:
Post a Comment