(This is not Turtle Trader or Trend Following blog. All stock and strategy mentioned in this blog do not represent buy or sell. This is my digital diary to express my thoughts and opinions about the world of investing. Ultimately, you will be responsible for your own decision. Please consult your investment adviser before taking any investment position).
Sunday, January 1, 2012
Turtle Portfolio Update - Jan 2012
To many 2011 can be a disappointing year. KLCI ended flat compared to beginning of 2011.
I managed to turn in 3.67% annual compounding return for Turtle portfolio that I started about 47 months ago. I was thrilled last year because I achieved my target of 10% annual compounding return. It was a good year for everybody for sure. I am falling short of my 10% annual compounding return this year. Blame it to a flat year? Noooooo....
I supposed there is no need to come out with a long list of reasons why I should be happy or to thrash myself. Kicking myself harder or shower with more gentle words on myself will not help me to achieve my target. I am man enough to accept that I did not reach my target this year. I should never lower my bar of 10% target. 10% means 10%.
Unlike many need to re-write their new year resolutions, my annual review is usually simple. All I need is to measure myself against long term objectives that I set.
I have set an expiry date for this blog since day one(you may want to check out my first entry). I have made a 15 years commitment or 180 months. This is what I called BEGIN with the END in MIND. By February 12, 2023 this blog will no longer be talking.
I have just completed about 26% of this journey. I still have three quarter to go. I also made a goal to beat professional investors of which I have no idea whether I have done that or not.
I have no idea what 2012 will bring. My attitude towards life is like Forest Gump. “Momma always said life was like a box of chocolates. You never know what you're gonna get.“
Just do one thing at a time. Keep walking buddy.
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