Recently, I saw a lot of sponsored ads related to investment in Facebook. Some of my friends like the pages. Out of morbid curiosity, I look at the comment section of a online earning workshop that I know is just ......
I am surprised by the sheer number of people interested.
I hope with this post, people understand that I do not need to lie to mislead u. Just not telling you the full picture is enough.
I shall be upfront that portfolio returns (realised including dividends) or ROA for the last 3 years are 4 percent, 6 percent, 3 percent. Hardly beating any index or doing any better than CPF SA
Let me give examples that how without lying, I can mislead u that I do have a winning strategy.
"Learn how to identify turnaround companies and do cyclical plays. Get returns of 30 to 50 percent within just a year or two or even months. Learn how by analysis of industry trends, company competitive edges allow SI to buy Venture, ST enginnering, Silverlake Axis, Yangzijiang near their low and profit immensely"
I did not lie about the above statement. What I did not tell u is I sold too early, and missed mutibaggers if i have sold them later.
"How to buy at a low of 40 cent and see silverlake balloon almost 50 percent within a few months. Learn how to read fianancial results and identified trends of imminent upturns"
I didn't lie about the above statement too. What I didn't tell u is my average price of purchase is Not 40 cents but 47.5 cents. Suddenly the returns isn't too sexy.
I also didn't tell u I got SIA ENGINEERING turnaround wrong. I also brought Sarine Tech at av. Price of 46 cents and sold it 40 cents to cut loss, only to see it fell to 36 cents and then rebound to above my purchase price.
”learn how to invest in industrial REIT And enjoy CAGR in excess of 10 percent every year for the last 5 years"
I also didn't tell u I calculate capital gains but I have no intention of selling so there is no way to unlock the value. I also didn't tell u I only have 2 lots of Ascendas REIT so it is not going to make a big difference to my overall portfolio returns.
I am quite sure I am not reaching the intended right audience with my post but it satisfies my desire to brag about nothingness and delusuonally still think that it is worthy cause for a post
The good question to ask is how your portfolio is doing as a whole and how long have your been keeping to this portfolio.