Tuesday, 12 October 2010

Is this worth my time and effort to trade? (3)

Read? Is this worth my time and effort to trade? (2)

Let me now look at newer touchstones that are meant for longer-term holding (i.e. investing)

CAGR

CAGR for the respective newer touchstones with their holding years are as follows:

As of last Yesterday closing price:

  1. Noble: 79.8%, holding for 1.80 years
  2. DBS:   37.1%, holding for 1.75 years
  3. Olam:  36.4%, holding for 2.03 years
  4. NOL:  34.0%, holding for 1.24 years
  5. CPL:   27.6%, holding for 1.49 years
  6. BSS:   25.5%, holding for 2.17 years
     
Let me normalize these touchstones at portfolio level and assuming the longest holding years i.e. 2.17 years,

CAGR (Investing) = 29.8%, holding for 2.17 years.


In conclusion

  1. CAGR (Trading)    = 21.0%, holding for 2.07 years
  2. CAGR (Investing)  = 29.8%, holding for 2.17 years
In conclusion,  my personal investing and trading performance result doesn't show me any significant differences in financial gains between short-term trading and long-term investing.

So how? Any suggestions?

No comments:

Post a Comment