Saturday, December 11, 2010
Week 49: Portfolio Trends Higher Amid Interesting Times
I say that this week has been interesting times because while the heavy weights were losing steam, the penny plays have come into the spotlight. Apart from China Animal Healthcare, other small caps that saw plenty of shares traded were Bio-Treat, Consciencefood and for today Armada Group.
This is week 49 and there are 3 more weeks to go before the year comes to a close. The portfolio has gained 40 percent but that is not factoring the recent acquisition of C&O Pharma as well as dividends.
For 2011, it is very unlikely I will invest further as I will be bulking up on my savings account. Alternatively, once I get the critical mass, I will start investing again.
But it should not be soon as those who follow this blog know that I just changed jobs. As a result, I am not going to be entitled to a thirteenth month bonus or any increment. That is a downside but overall, work has been good.