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.
Portfolio XIRR
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?
34% of my net worth comes from net gains from short-term trading and long-term investing part-time activities in the local stock market (SGX).
net gains = total stock dividends received + realised P/L + unrealised P/L as on 31 Mar 2012 market closing.
As for reaching financial independence stage, it is still some distance to go.
This time is different from Oct 2007
In 2007, I was the Cinderella in the stock market
leaving the stock market too late and left behind the Glass shoe.
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!
Posts
Hi CW,
ReplyDeleteI observed that small & mid cap stocks outperformance the STI index in this time. It's seems that the index stock are quite cautious or is the funds seeing something bad coming which we, retail investors, does not know?
What is your opinion?
setan
When the bull is running, many people can find spare few thousands somewhere to punt a little in the stock market after hearing that easy money. I too was one of them last time. LOL!
ReplyDeleteIn last quarter of 2011, many gurus say 2012 or 2013 markets crashing because of Eurozone crisis, hard landing in china, US high unemployment. That is when it is safe to be in stock markets. Usually, if the crisis is pre-empted, it is often defused with lots of liquidity.
ReplyDeleteNow, gurus are expecting STI to hit 3200. Soon, people will call for 3600 and beyond. Problems not seen usually are the ones that create the most havoc. Then it is when the tide turns low abruptly. Not surprisingly, some investors now cashing out. Interesting to see how many can resist if STI grinds higher and higher.
A wise man learns by the mistakes of others.
DeleteA fool by his own.
i think is not true or fair.
It should be:-
A wise man learns by the mistakes of others.
A smart man by his own.
A fool never learns.
Me? i am all three.