Jun 1, 2016

Cory Diary: Net Worth, Equity and Market Outlook

Net Worth

Rather conservative in my money so far in 2016 mainly due to the poorer economic expectation. However I am not entirely convince there will be a major crisis in the scale of 2008 Financial Crisis that requires me to pull the plug in my investments.


Trending up much YTD (Year to date) with the increase due to higher cash position not allocated to investment. Chart is rather flat for past one and half year due to larger increase in property expenses,  spending to support a better Lifestyle ( yeah ! ), China Market Crash ( Shock ! ) and Taxes Paid  ( sad ... ).

Interim SGX Equity Investment

XIRR: +3.84% YTD (Today compared to 31 Dec'15)
STI Index: -3.36% YTD (Today compared to 31 Dec'15)

Quite please with the current returns compared to Index. I still makes a number of conservative "mistakes".

1. Being slow in reducing unprofitable positions
2. Not in larger amount movement in my portfolio
3. Holding too much cash. Cash/FD hits 40% of my total worth (excluding property).
    Opportunity cost is a little draining on me.

Continues .... to avoid sector in

1. Commodity
2. S-Chip
3. Shipping
4. Oil Support and Service

and please with,

1. Financial sector allocation
2. Cutting losses on some Industrial sector counters
3. Dividends Strategy

Outlook to watch

1. Oil Price
2. SG Property Measures
3. China Debts
4. SG Telco Markets


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