This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!
"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder
"For the things we have to learn before we can do them, we learn by doing them." - Aristotle
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
I see within a week or 2 Uncle you lost 3 years of household expenses (7%). A further 20% correction would probably take your paper gains down from 21% to 14%. What is the differences between the inception capital of 21% vs the 13% investment cost?
ReplyDeleteThere is no capital injection to investment portfolio since inception on Jan 2000. Position sizing and risk management is based on this capital size for consistency.
DeleteBy including paper gains lost back to Mr Market; one can see clearly the illusion of wealth in the stock market fooling us when Bull is running.
This time market dropped like Waterfall and not by taking steep escalator down. :-(
Virtual capital of 1m is simoler way of measuring performance across market cycle
ReplyDelete