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Tuesday, April 10, 2007 |
Milestone Reached |
Yay.. today, my fund price outperforms the STI index. As of today, my NDF price is $1.42 while the normalized STI is $1.40 (Based on $1 investment on NDF and STI on August 2006)
Even if its for a day, I'm super elated. As of today, everything seems to be so bubbly. I've hit my yearly target, I've crossed my target for NDF as well. But I do understand that, all profits are lies unless they are realized. Right now, I have to keep my feet on the ground and not get complacent or cocky(which I have a tendency to).
So what's my next milestone? Its the $2 mark. I hope to hit it before year end in 2007. Of cos, I want to break further away from this index. I can foresee a possibility of my price falling but that will be a test of my mantle.
Another target is that I want to overtake my bro's returns. He's damn good(lucky). But its a good thing. He adopts a different school of investing (fundamentalist/value investing). Well, it's healthy competition I suppose.
Anyway, I must cherish this moment.. haha.. this is the day that my fund outperforms the STI index.Labels: NenixDreams Fund |
posted by Nenix @ 9:56 PM |
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NenixDreams Fund |
Fund launchprice on 1st August 2006= $1
Target for 2007 = Beat STI index
Current price of NDF as of 1st Oct 2007 = $1.58
Current price of STI as of 1st Oct 2007 = $1.54
Difference with STI index is 0.04
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