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| Thursday, July 05, 2007 |
| Random Thoughts #6 |
With a larger pool of funds, I think its normal that a little bit of fear is starting to creep in. I've never seen so much funds in my life (<-- low net worth bloke) and now I think I have reacted by diversifying more.
Although I have a system which determines the position size, somehow, I sometimes fail to follow my rules of topping up on running stocks (read: OKP, Brightworld). I think in my mind, I already have a mental block on an imaginary target price (maybe governed by the analyst reports), which is why I only look at analyst reports after I load the shares. This is to prevent me from being biased towards an equity.
Unlike investors who invest in company, I think I invest in my system of trading which tries to capitalize on the herd mentality. I really hope its a good system, so that in years to come, I will attain status of financial freedom. (passive income per annum more than expenses and loans servicing)
P.S :CFD calculator is wrong.. hmm.. took it down and hope to fix it soonLabels: Random thoughts |
posted by Nenix @ 11:24 AM   |
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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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