Jul 24, 2016

Cory Diary : XIRR Performance - Mid Year 2016

Share investment is Passive as I do not need to run the business behind each stock. I am not answerable for their business. Therefore the amount of time spend researching on the stock is relatively minimal compared to typical worker effort.

Many people have different kind of definitions. Mine can change overtime ! I do not feel like pricking the logic today. Instead of challenging views and web definitions, maybe is better instead to explain the inner voice on what we really want. Do we need an alternative income that can boost one current salary with minimal effort and in the process supplement retirement needs. Is that what's matter ?

XIRR Performance

There are 4 scores because i feel it matters. The first is how much am I able to grow my invested returns over the years. The second is for this year performance.

The third is stripped of PS and Bond to see how I perform in the stock market. This are further measured based on 2 different dates, 30 Dec'16 and 23 July'16. The later has higher score assuming I sell everything on 23 July'16. The other is on 30 Dec'16 which extend my investment period by another 5 months.

All year portfolio returns 6.7%. Every $100 invested, returns is $6.70 compounded. Quite hard to move this XIRR needle as the overall score has a damping effect by Bonds and Preference Shares. Unfortunately there is no easy solution.

Equity 2016 returns is 9.7% and 15% based on XIRR year end measure and this week performance respectively. Immediate plan is to shift my non-core Equity to more fixed returns by year end.

Outlook to watch

1. Oil Price
2. SG Property Measures
3. China and Indonesia Debts
4. SG Telco Markets
5. Trump Presidential Campaign
6. RMB Weakening

I do not think Brexit worth a spot currently as it takes a long time to unfold. Added Trump because I feel Trump strength and impact to global has been underestimated despite all the hooha. I think can be as real as "Hitler" in action just not in brutality. RMB weakening is beginning to show and the impact is yet fully absorbed. Spratly islands is just a diversion currently.


No comments:

Post a Comment