Friday 28 September 2007
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.
Thursday 27 September 2007
Monday 24 September 2007
Sunday 23 September 2007
Friday 21 September 2007
Saturday 15 September 2007
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