Friday, June 09, 2006
If the losses don't get you...
If you've been on a turbulent flight, you know how I feel.
I've been dribbling (think leaky faucet, not Beckham) the hard-earned into stocks since August 2004 and my portfolio average investment date is September 2005. At the peak, I was up 50% (per annum, not absolute). Despite the fall, things haven't been too bad. I was up 20% even till a few days back. But yesterday, I would have been better off in a bank fixed deposit... treading water and about to go under.
Today, as I write, the market's up. If my (notional) losses don't get me, the volatility will. Nevertheless, we intend to stay the course and dribble away.
I've been dribbling (think leaky faucet, not Beckham) the hard-earned into stocks since August 2004 and my portfolio average investment date is September 2005. At the peak, I was up 50% (per annum, not absolute). Despite the fall, things haven't been too bad. I was up 20% even till a few days back. But yesterday, I would have been better off in a bank fixed deposit... treading water and about to go under.
Today, as I write, the market's up. If my (notional) losses don't get me, the volatility will. Nevertheless, we intend to stay the course and dribble away.
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