Portfolio 701: A Reality Check
March 6th 2007 23:16
Last week's global sharemarkets meltdown woke us up for a reality check on the state of the market of which the bull charge was practically unrestrained and it took the Chinese market to bring us back to reality.
A correction was expected as the values were too high for justification and our risks appetite were capped when the pointers were going up. Fear not, as the correction, though quick and sharp, was a necessary movement on the back of the strong fundamentals of the economy. The issue now arising from the circumstances is risks and valuation.
In the market, always expected the unexpected and there will be time of highs and lows. Warren Buffet once said when everyone is out of the market, it is time to get in. And it is also wise to evaluate our objectives for participating in the market as to how much risks can we take and how much are we willing to pay, of which we need to constantly asked ourselves.
The portal's Portfolio 701*, formed in January, 2007, took a massive plunge since last week's correction and is still in murky waters, a far cry from the highs when it managed to beat the interest rates and when profits in the thousands were not uncommon. As of Tuesday 6th March, 2007, the rate of return is 3.02% with portfolio valuation at $53,725. After costs profit took in $525.
It would be necessary to know the risk profile of Portfolio 701 of which, hopefully, would be computed with the latest data in the near future.
On the other hand, Portfolio 1.5-EW* is currently valued at $59,653, a return of 43.8%.
*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.
A correction was expected as the values were too high for justification and our risks appetite were capped when the pointers were going up. Fear not, as the correction, though quick and sharp, was a necessary movement on the back of the strong fundamentals of the economy. The issue now arising from the circumstances is risks and valuation.
In the market, always expected the unexpected and there will be time of highs and lows. Warren Buffet once said when everyone is out of the market, it is time to get in. And it is also wise to evaluate our objectives for participating in the market as to how much risks can we take and how much are we willing to pay, of which we need to constantly asked ourselves.
The portal's Portfolio 701*, formed in January, 2007, took a massive plunge since last week's correction and is still in murky waters, a far cry from the highs when it managed to beat the interest rates and when profits in the thousands were not uncommon. As of Tuesday 6th March, 2007, the rate of return is 3.02% with portfolio valuation at $53,725. After costs profit took in $525.
It would be necessary to know the risk profile of Portfolio 701 of which, hopefully, would be computed with the latest data in the near future.
On the other hand, Portfolio 1.5-EW* is currently valued at $59,653, a return of 43.8%.
*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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