2006 was a good year, although I am jumping the gun a little since it is not quite over.
Open and closed profits realised over $260,000, plus some dividends and bank interest.
However $170,000 is in unrealised profits and will be carried forward into next year.
Realised profits were down over previous years, but nothing of concern considering the level of open profits moving into next year. A good year could easily be one where there are no realised profits because no sell signals are given and open profits are growing.
I made a slight loss in the last quarter, but adding an extra $800,000 to the portfolio is doing reasonably well, aided by the excellent market conditions.
Wishing all a merry Christmas and a happy New Year.
Stevo
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