Friday, 27 December 2013
2013 Annual Financial Investments Report
With the year coming to a close, I have decided to publish my performance reports for the four months that I have invested in the market for this year. This 4 months, my portfolio experiences an increase of 5%. This definitely beats inflation plus got me an additional 2 to 3% of returns in a year.
Just to clarify some items on the report, the Cash In Portfolio does not include my personal savings. This investment portfolio is entirely separate from my own savings account and I will never touch it easily. Profit (Losses) From Investments is an item that will only be non-zero if I made a sale of my shares. Total Portfolio Holdings is calculated from the preceding 3 rows: Market Value Equities, Market Value REITs and Cash In Portfolio.
If you take a look at my cash component, you will notice that it is around 30+% of my entire portfolio. I was not able to convert the cash component into money generating REITs in time (due to a higher buying price which exceeds my personal margin of safety) and I felt a bit disappointed. The reason why I was unable to convert my cash component into stocks or REITs was because I sold some shares at a profit but there was delay in receiving my payment due to it being in the form of cheque. Therefore, the first thing I am going to do once I get back to Singapore will be to apply for GIRO for my brokerage account.
My next year aim is to build my portfolio into $20,000, including reinvestment of dividends as well as increasing the deposits into the account through working multiple jobs. I have to brush up myself. I need to be more capable in order to succeed in the financial sector. I am willing to do whatever it takes to achieve my goal of someday being a hedge fund manager and everyday will be a challenge for the year 2014.