It has been a long journey since I started investing in Singapore stocks. I began buying stocks in the year 2007 at the onset of the last financial crisis. The market was peaking in that year. Then the financial crisis hit stock market around the world. By the time stock market bottomed, I had already lost nearly 60% of my portfolio value. My perseverance and patience had paid off as I managed to recover all the previous losses through capital and dividend gains during the recovery period. I didn’t manage to calculate the time weighted annualized returns of my whole portfolio since 2007 but the cumulative returns including dividends stood at approximately +46%. However from the start of 2010, my annualized return was 9.41%. The return was not that extraordinary simply because I had a diversified portfolio of local stocks. The peak number of stocks in my local portfolio ......