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Thursday, March 22, 2018

Portfolio Updates, 2018 First Quarter

The market continues to be kind to my little portfolio. As of 22nd March 2018, the scoreboard is as such, year-to-date:
STI ES3: +2.67% (from Stocks.Cafe)
(STI ES3, from my own calculation, returns 0.053 in dividends, and stands at 3.49, which means it is 3.543. It started at 3.48 this year. Is the actual returns 1.81%?)

Hang Seng Index:  +1.82% 
(this might be wrong, I just did my own maths; no idea about the dividends either.)

My own little fund: about 11.12%, inclusive of dividends. 

The reason for including the Hang Seng index is because a third of my portfolios are now parked in HKEX securities. I found a couple of good opportunities there as well as took the advice for one of them. 

I will write about some of them soon.

None of my holdings are bought based on promising macro news brought about by the media or the brokerages. You will find no Hi-P, AEM, Best World, Delong, etc. Most are picked for their cheapness rather than their shine. I have some confidence that I should be able to do well in the future, since picking stock this way is a) not an activity enjoyed by the majority and b) produce relatively pleasing returns as expounded by value investing principles.

Unlike a typical classroom environment, where students compete to be #1, I am fine with finishing between #10-15 in a class of 40. Returns from investments will not differ too much from general market conditions (unless I really turn out to be smarter than I thought...).

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