Saturday, August 16, 2014

Portfolio computation error

Due to a computation error, where I included the value of Noble shares I had already sold, I probably overstated the returns on my portfolio. Based on what I began with in 2014, the current portfolio should comprise SGD 82,328 in stock, SGD 7,427 in free cash, and an additional SGD 1,146 in dividends receved. This would mean that the year-to-date performance is 4.3%, 3.0% without the dividends. The portfolio underperforms the benchmark Straits Times Index.