Let’s take a look at how our overall portfolio did for the year 2019.


If you prefer looking at a graph. It seems that we have just very slightly outperformed STI ETF :)


For the year 2019, our portfolio time-weighted return was 20.71% vs 8.78% (ES3: STI ETF). The overall performance since 2014 is 19.50% (time-weighted return) and 6.93% (XIRR). It has been a pretty great year! Too bad for those sitting/hoarding cash though. If you are wondering what is the difference between time-weighted return and XIRR, do read this article by Investment Moats. In short, XIRR takes cash flows into account while time-weighted return does not so the way they are calculated is different.


Looking at the top 5 losers and you can see that these are huge losses:
1. Raffles Medical
2. Geo Energy
3. Tuan Sing
4. Eagle HTrust
5. Soilbuild Business REIT

No plans to let go of any at the moment but if I had to cut loss, the first to go would be Geo