Sold my Johnson & Johnson (JNJ) shares on 29 June 2012 (US Date) at USD67.60. I made some profit out of the transaction. I have been holding JNJ for 4.5 to 5 years and went through the financial crisis of 2009. JNJ is a matured Company, fluctuation is not substantial, neither is the net profit gained from the sale. Much of the profit was disipated by the depreciated US$ with respect to SGD over the years. Participated in shareholder dividend re-purchase scheme.
Why did I sell JNJ? Uncertainty over the Euro crisis may worsen for the second half of the year. Sell it when profit is still there.
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