This part of FTSE 250 of Falla has given me a difficult trip!

Despite having some superstar actions, I have committed my part of investment errors, because some actions become shocks. My last horror show is found in the Ftse 250.

My flop ftse

I just reviewed my family’s portfolio, which includes 27 individual actions, to find our winners and losers. While I am delighted with the ‘jumpers’, I need to see the ‘falls’.

We have seven American actions by Mega Captain (including four of the ‘Magnificent Seven’), six of which have done so incredibly well. Our holdings from the United Kingdom include 15 Ftse 100 Actions, plus five FTSE 250 actions.

Among our five actions of the medium -sized company, we have two large winners. These companies are being taken in large premiums at our entrance prices. Therefore, we must decide where to invest this cash when it arrives. Two other actions are fine, but nothing luxurious.

MY FTSE 250 FLOP

Now, as much, the worst action I have bought in the last 15 years. Winner of my wooden spoon for investment performance is a financial firm Group of nearby brothers (LSE: CBG). Founded 147 years ago in 1878, Close is a medium -level player in commercial banks, commercial and consumption loans, assets management and trade trade. First he listed his actions in London in 1984.

The last five years have been brutal for nearby shareholders. Near its historical maximum, the price of the shares closed to 1,685p on March 12, 2021. Unfortunately, it has been abundant for this action since then. Currently, the price of shares is 320p, valuing this business at £ 488 million, a shadow of its old self. For five years, the action has collapsed, immersing 77.8%. More than a year, the decrease is 1.1%.

That said, things have been very worse for nearby shareholders, including me. At a minimum of 52 weeks on November 13, 2024, the shares crashed up to 179.83p, before recovering at current levels.

What crashed?

We bought close for attractiveness dividend produce. At our purchase price of 790.8p, this cash performance was 8.5% per year. He then canceled his dividend in a surprising announcement on February 15, 2024.

Unfortunately, the stock fell into a sink last year, conducted by Close’s participation in a growing incorrect sale scandal that involves cars loans. For many years, automobile distributors allowed customers to charge higher interest rates, without revealing these charges hidden from buyers.

The financial behavior authority is carrying out a regulatory review of this issue, while several important legal cases around this incorrect sale are crossing the courts. Estimates for consumer potential compensation meet tens of billions of pounds.

I bought very thinking that it was a classic stock of ‘Fallen Angel’, but it turned out to be a little demon. My greatest regret is that I did not run out as soon as this reputation problem arose in 2023. To date, we have lost 59.5% of our investment, leaving less than two remaining fifths.

Do I sell our possession in this FTSE FTSE business? To be honest, I don’t know, since I am equally pessimistic and optimistic about the future of this company. If the cases of the key court approach, then the total compensation could be reduced considerably. Close also sells its heritage management arm for up to £ 200 million. Therefore, we have decided to sit and wait for developments!