Oct 2, 2016

Cory Diary : XIRR Performance - Q3 2016

The Market comes down a little on the last day of Sept. For the past few quarters I have been enjoying the bliss of cutting loss quicker and holding bull stocks longer. This is a rather fundamental change in my mental decision which takes a long time to overcome but necessary. So far, overall I have been right.

Some of my actions I took is to clear LKH to focus on my portfolio better. I bought it this year in the hope there maybe some run up on property. It didn't. A little gain from a small speculative position. Applied for SGS Bond last month due to significant excess cash in the bank and to build up additional buffer on my loan.

The drop in DOW on days before Fed announcement on rates help to push for no rate increase this time.The decision would have been otherwise has the market hit new highs. Is becoming clearer and clearer that they work on market sentiments to avoid crash as is all about market confidence.

Enough said. This time i have compiled previous quarter for comparison. Do note I do not close exactly my performance result for each quarter on the last day except this quarter which happens to be so.

Not much has change except for YTD on Equity. Is not a surprise this measure will decrease with longer time in the year. This is why using performance based on 30 Dec'16 comes into play. I have a slight up in Q3'16. Both XIRR performance will converge on 30 Dec'16. Personally I am quite happy to hit 10% on my enlarged equity portfolio which beats many funds outright.

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 have also started taking some TA learning and Charting practise to time my entry and exit better on stocks I hope to invest or divest.


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