Feb 15, 2019

Cory Diary : Misses


There are always a list of hot stocks, speculative pennies, blue chips and investible in most people radar scope who are familiar with the markets. Often one of them will spikes or dives, and chances are the stocks were once in your investment considerations.

As we grow older, the misses get more. Don't be disheartened ! Is natural as we come to know more stocks. The last thing we want is to start frantic actions to spot the next to avoid misses. We can never be able to catch most of them but likely slips into oblivion trying to do so .... 




Draw a plan and try to stick to it.

1. Dividend Strategy, Growth, and with Sufficient diversification ie. constant lookout
2. Assess Risk for each of them and target dividend amount ie. follow news, read report ...
3. Maintain with care, small pool of growth/speculative stock to keep our blood warm enough with the market. Even then there should be fundamental business behind it and which report we can likely depend on.

Misses will not affects our returns. Wild ride will. We should ignore those noises and spend more quality time with family like with baby. (change nappy time ... :P )



Cory
2019-0215


Cory Diary : Using End Date for XIRR for Annual Returns



Have been constantly seeing usage of Annual XIRR with current date. This is quite "misleading" as it will provides explosive growth for positive returns of portfolio in the early part of the year.

For my portfolio for using current date for XIRR YTD will be 57% for 2019. This is quite shocking number considering my absolute YTD returns are just over 5.6%.

To provide a more balance picture, using XIRR End Date 31 Dec 2019, my XIRR YTD will be 5.8% which reflects closely to the absolute YTD returns of 5.6%.



Cheers

Cory
2019-0215


Feb 13, 2019

Cory Diary : NetLink NBN Trust Q3 is out !

Have been keenly anticipating for this quarterly report. Here's the interesting part for the same News by Shentonwire and BT respectively..

SW : NetLink NBN Trust reports fiscal 3Q net profit of S$19.6 million, above IPO forecasts

BT : NetLink NBN Trust Q3 net profit down by 9.4% as costs mount


One is as expected due to investments. The other see it negatively as rising costs.
Who is right ?




We can confirm at the end of tomorrow's trading day for market sentiment but long term I support SW report of-course (vested).


Cory
2019-0213