I use a goal-based investing approach by setting a 10-year goals target to achieve for each year from 2012 to 2021.
Q1 2012 Result
Achieved 24.3% of 2012 Year Goal.
Track, measure and visualise - without doing it how to revise investing strategies and improve year-on-year investing performance.
My portfolio XIRR includes all investible cash plus the current stocks value at market closing price as on 30 Mar 2012.
Since one year ago: +10.8%
Since 1 Nov 2008: +12.3%
Since 1 Jan 2003: +12.4%
Since 1 Jan 2000: +11.0%
From the above multi-years XIRR value, I believe my investing performance is quite consistent.
Riding market cycles of Bull and Bear
STI has not reached its previous peak at Oct 2007; but my portfolio value has recovered near the previous peak value at Oct 2007.
How is my investing skills contributing to my net worth and financial independence dream?
It took me more than 4 years to find it back. Sianz!!!!
Why this time in 2012 it is different?
In Oct 2007, I have too many stocks but too little investible cash available for the bear market. In 2012, I will have much more cash available for Mr Bear. It is 781% times more than 2007. See the difference. This time, I no scare of Bear!