Year to date:
My portfolio: 56%
S&P: 0.5%
Tracker Fund: 13.34%
STI: 8.68%
Besides token amount of buying Powermatic Data, there isn't much to update.
I do have a lot of regrets in life and tend to dwell into times where I wish I done things differently.
I know my portfolio returns is well above average this year, I... actually don't feel great about it. Perhaps it was because I had already sold a good amount of OKP, leaving a small amount in.
The last time I sold OKP, it was about the 50-60 cents region (i fear looking for the exact amount, it makes me sick to my stomach). Today, the stock is 90 over cents.
I used to have over 500,000 shares, so that is over 300k SGD in gains,. I actually make a lot lesser than that.
I held this stock for 6 years, went through thick and thin with it longer than most people hold any stock. So it was more bitter than sweet.
It was as if God had given you a path to wealth and you choose to step out of it halfway.
It was as if God had given you a path to wealth and you choose to step out of it halfway.
I feel less terrible if it was just my money. But it wasn't. I could have make a lot more money for my parents.
Back then during the terrible Chinese property crash years, where i lost like 50k in total, the pain I felt when I lost my parent's money.... I am not sure if I feel worse than that now.
***
I do know people who outright refuse to manage their parent's money. I got a different view. If not you, who? And why do you not do it?
If they were rich to begin with... fine.
If they were rich to begin with... fine.
If your relationship was poor with them... fine.
But if they don't speak a word of English, can't tell the difference between a bond and stock, and look at you pleadingly when the market was doing badly, telling you to sell to avoid losses....
If not you, who?
I fear for the day that I be gone, and they have no one to rely on in this area.
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I wish I done better for my parents. I feel very sorry and regretful.