Portfolio 701: Growing
April 10th 2007 11:38
Like its elder sibling, Portfolio 701*, leaped into the tenths since it was born in January, 2007. The psychological level of 10% was not only broken last week but today it created another record by registering a return of 12.29%.
"No matter if it is a white cat or a black cat; as long as it can catch mice, it is a good cat."
Deng Xiaoping, 1962
As long as a portfolio is making a decent real return, it is a good deal. Of course, we must not forget the risks. Portfolio 701 returned from the Easter Break with a vengence as with the market, displayed by the ASX S&P 200 benchmark index by jumping 1.2% higher to 6153 points. The portfolio generated a profit of $5,360 after deducting transaction cost of $30 per share.
Meanwhile, the older Portfolio 1.5-EW* created a return of a whopping 66.82% with after-costs profit at $27,214.
Collectively, both the portfolios generated a total profit of $32,574 to date.
Kudos to the "fundamental technicality" strategy factor.
*Disclosure
NOT SPECIFIC INVESTMENT ADVICE
This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person.
The blogger makes no recommendations as to the merits of any investment opportunity referred to in its website. It is advisable to obtain specific investment advice before making anyinvestment decisions relying on the information provided. While the information available in this publication is obtained from sources believed to be reliable, the blogger gives no assurances or guarantees that the information is accurate, complete or current.
The information is provided for informational purposes only and not intended to constitute legal, financial or professional advice. It has no regard to the investment objectives or circumstances (financial or otherwise) of particular recipients, and is not an exhaustive outline of available investment opportunities.
Appropriate professional advice should be obtained prior to acting on any information contained in this publication. The blogger will not be liable for any loss or damage incurred by any person directly or indirectly as a result of reliance on the information contained in this publication.
PAST RESULTS
Any past results shown or mentioned in any of our reports or web pages do not guarantee future performance.
ACCURACY OF DATA
Whilst all information on this site is believed to be accurate, we take no responsibility and give no assurances that it is accurate. We advise that you to double check any
data before acting upon this information.
"No matter if it is a white cat or a black cat; as long as it can catch mice, it is a good cat."
Deng Xiaoping, 1962
As long as a portfolio is making a decent real return, it is a good deal. Of course, we must not forget the risks. Portfolio 701 returned from the Easter Break with a vengence as with the market, displayed by the ASX S&P 200 benchmark index by jumping 1.2% higher to 6153 points. The portfolio generated a profit of $5,360 after deducting transaction cost of $30 per share.
Meanwhile, the older Portfolio 1.5-EW* created a return of a whopping 66.82% with after-costs profit at $27,214.
Collectively, both the portfolios generated a total profit of $32,574 to date.
Kudos to the "fundamental technicality" strategy factor.
*Disclosure
NOT SPECIFIC INVESTMENT ADVICE
This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person.
The blogger makes no recommendations as to the merits of any investment opportunity referred to in its website. It is advisable to obtain specific investment advice before making anyinvestment decisions relying on the information provided. While the information available in this publication is obtained from sources believed to be reliable, the blogger gives no assurances or guarantees that the information is accurate, complete or current.
The information is provided for informational purposes only and not intended to constitute legal, financial or professional advice. It has no regard to the investment objectives or circumstances (financial or otherwise) of particular recipients, and is not an exhaustive outline of available investment opportunities.
Appropriate professional advice should be obtained prior to acting on any information contained in this publication. The blogger will not be liable for any loss or damage incurred by any person directly or indirectly as a result of reliance on the information contained in this publication.
PAST RESULTS
Any past results shown or mentioned in any of our reports or web pages do not guarantee future performance.
ACCURACY OF DATA
Whilst all information on this site is believed to be accurate, we take no responsibility and give no assurances that it is accurate. We advise that you to double check any
data before acting upon this information.
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