Thursday, July 1, 2010

Portfolio Update June 2010

2010 Year to date (YTD) Return
Equity(Include Funds) 
Direct Shareholding
Dividend/Coupon/Interest received 2010 YTD

Absolute Return Since Nov 2007
Portfolio -1.96%
Equity(Include Funds) 12.70%
Direct shareholding13.15%

Another month of uncertainty and zero returns. My performance have been dismal as I have basically not earned anything (after taking dividends into account) after 3 years in the market.

The purpose of tracking your returns is to see how you fare against the benchmark. In this case, if we benchmark to the indices(mine is a weighted composite of HSI, STI, ASX, DOW), I might have outperformed them relatively (like almost all fund managers who tell you they outperform the market). However, investors should go for absolute returns, not relative returns. That is we compare our returns to what you would have gotten if you had put your money into almost risk-free investments like Deposits and govt/investment grade bonds.  On that count, I've failed thus far with a portfolio return of -1.96%.

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