Sep 2007 Milestone update

Nett worth survived Aug 07 major correction, and now back to the previous high. Important lessons learnt as follows:

1) NEVER, NEVER touch profits. Re-invest these profits back into the market and let the magic of compounding works its wonder.

2) When the market dragged down those earlier high performance stocks, it is also time to look hard at our portfolio and sell those laggards, hit the bullet, take realized losses, and use the recovered capital to buy into those fallen stars and then wait for market recovery. This strategy worked well in both Feb 07 and Aug 07 crashes.

Portfolio update - more trades, DBS, CDL

Portfolio update - more trades DBS, UOB, OCBC, Rotary

Sep 07 - End Game Goal update

Portfolio update - more trades done

Investing Performance Update - revised presentation format

It is very important for me to keep my eyes on the ball at all times to achieve financial independence by Sep 2011 i.e. less than 4 years away.

There are two key targets that I would need to achieve by looking at this table:

1) To double the YTD ROC by Dec 2008

2) To achieve more than 19.2% in Yearly Compounded ROC by Dec 2007

Portfolio update - sold CDL, CPL, add DBS, SML, LBY

Portfolio update - sold KEP but add Labroy

Portfolio update - add KEP

Portfolio update

Portfolio update

It is getting difficult to make money in current market condition. I am adopting hit-and-run strategy to avoid being caught in any major correction.

Aug 07 - End Game Goal update

Now, I firmly believe the power of compounding by never withdrawing any profit. The sharp correction in Aug 07 has lesser impact on the overall value of the portfolio compared to the correction in Feb 07.