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| Tuesday, June 19, 2007 |
| Fund Price reaching 60%! |
Well, I have nvr expected this would happen. What I hoped to achieve is a 25+% p.a, and that to me, is a challenging target.
Throughout these months, especially since the big correction, I've learned lots of stuff, I have tweaked my strategy, and most importantly, I am more calm and collected. If it was 2 years ago, most of my holdings would have been realised ( Breaks my principle of riding the profits).
I have also done away with a top ceiling for selling.
Overall, I think the concept of my method is very primitive. Hold when concentration of demand is higher than supply, and sell when its the other way round.
Its already halfway through 2007. lets hope all investors and traders will get what they wished for.Labels: NenixDreams Fund |
posted by Nenix @ 2:56 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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