Friday, December 2, 2011

SGD 30,000 invested level

Using some creative accounting, after subscribing to GMG Global's rights issues (20,000) and some excess (2,000), I have invested  SGD 30,000 of my own money in the market. "My own money" excludes those money from sales and dividends. My current portfolio is estimated to worth just under SGD 40,000. That means if I were to cash in everything, that would mean that my profit would be about SGD 9,500 after deducting the commissions.

This does not look like a good return, considering the effort put in. Oh well, I think it is time i started watching the portfolio carefully and trim the weeds. Comments please!

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