Another Year .....

I just realised that the 35% plus return I mention below is after all expenses, including accounting fees and activity statements. I adjust for capital I add as well as capital I draw out of the account. I averaged 3% compound monthly growth rate for the year.

I suppose that we all have to wonder what the next year will bring! My main system has turned itself off for this week. I only have to monitor for sell signals on a weekly basis. My ideal situation is fully invested with no sell signals forever.

stevo

Year end performance

Whilst I can't complain about the performance of this portfolio it could have been better, especially when I compare the results above with the results I got out of the super fund (approx. 50% increase at first glance).

One of the reasons for the poorer performance was coming to grips with some large additions of cash to the portfolio. The trade size jumps dramatically and, whilst I might have a big winner it might be off a substantially reduced position size because I bought it when I had less capital. A big winner in the super fund (IPL) helped out, but I picked up QGC in the results shown above using the smaller capital base.

Both QGC and IPL are up over 200%

stevo

A busy month

I have been pretty busy of late in my 9-5 job, but the portfolio, not surprisingly has been doing well. A few sells in the last month - OKN, SGX, MCC (the only unprofitable one) and ERA. OKN was the big winner in the group (up 137%) - see chart below. I put most of the money back into the market.



Also MCC;


Picked up a Nissan 350z (2006 model the dealer wanted to offload for an excellent price). I tried out a few cars, (Audi TT, Porsche Boxter, BMW Z4) but the Nissan has all that I want and I am not paying for the name.

I am listening to Rich Man's Blues by C.W. StoneKing "I ain't got to think about tommorrow because I drive a brand new car". The rest of the song is worth a listen!

Stevo