Fairfax takes bath on sale of its investor site FAIRFAX Media has taken a $5 million loss to offload its online investors portal InvestSmart as well as putting on the market its printing plant and offices in Hamilton, New Zealand. The publisher announced yesterday it had signed a deal to sell 14-year-old InvestSmart to Australasian Wealth Investments for $7m in cash, six years after it acquired the site for $12m.