As per the stated tracking timeline (half yearly in April and October), it is time to review the performance of my portfolio.
*includes losses on Yuuzoo and gains on Global Investments |
In terms of objectives, I have fulfilled both my aims:
1) To beat the SPDR STI ETF
2) To exceed 10% per annum
To be honest, the results were better than my expectations as I had thought that some of my investments might take much time to realize their fair values. For DBS, my only (slightly) under-performing counter, I remain convinced that it will realize its fair value within 1.5 years.
The only blip of 1H'16 remains the losses incurred on Yuuzoo. Nonetheless, it was indeed a valuable lesson as shared earlier. I also take pride in knowing when to cut my losses as Yuuzoo's share price is now priced at only 0.155, a further 8.......