Balancing my porfolio
Was previously too top heavy on UK Banks, sold BT & Barclays (prematurely at 220) to fund Standard Chartered & Xstrata a global mining group. After actively monitoring both stocks throughout the recent downturn, i managed to get in at the bottom of the cyclical cycle. Both stocks, especially Xstrata are undervalued in my opinion.
Xstrata - 1750 shares @ 499.68p
Standard Charterd - 1000 shares @ 914.97p
Fast forward 2 weeks both stocks have soared, current portfolio currently stands at:
