As per the stated tracking timeline (half yearly in April and October), it is once again time to review the performance of my portfolio. I have decided to bring forward the portfolio review by a few days since I will be travelling overseas for a short mountaineering trip.
Portfolio Results
To recap, I had set myself a primary absolute objective of attaining returns exceeding 10% per annum and another secondary relative objective of beating the index (which is STI for now). Given my returns, I have therefore fulfilled both objectives.
Beyond the objectives though, it was a pretty amazing year. With returns more than doubling that of the STI, it would not be an exaggeration to say that I have thrashed the index.
While I would like to attribute this strong showing to my unending hard work and superior intellect, the truth is that I simply got lucky. My portfolio's ......