Dear all, sorry for the delay in my portfolio update and the lack of posts. Have been very busy in school. 2009 is a good year, I have gained more knowledge, became much wiser and met many more valuable friends! I am forever grateful to them. :)
This year I did not perform as well as I would loved to. The STI ETF gained 66.3% including dividends while my portfolio only gained 58.8% this year, underperformed the STI ETF by 7.5%. To recall, my goal is to beat the STI ETF by 10% every year. Annualised return was 28.3% and hopefully I can improve further.
Cashed out $10k to give some to Mom and went for a holiday to reward myself. Still have around $4k which I would transfer into my trading account.
I will post the lessons learn't in 2009 at a later date.
Always keep an open mind, doesn't matter if it's TA or FA. Sometimes both will work and sometimes both doesn't work. Depends on how you use it. LOL!
Wishing everyone a happy tiger year! (And Yes! It's my year again, haha...) :D
