Happy New Year, everyone! Time is flying fast. With a blink of an eye, 19 months have passed since I started my international portfolio with eToro here in May 2020.
REFLECTING
Some reflections should be done (in questioning my investing decisions) for a better future. Investment return for my international portfolio here in eToro for year 2021 is not as good as year 2020.
Having said that, I had made some adjustment along the way and I am quite satisfied with the result of 9.84% investment return for year 2021 (whereas year 2020 the investment return was 24.20%).
INSECURITY
COVID-19 news are still haunting us daily. Most cities are still banning or, at the very least, imposing traveling restrictions on movement and tracing. Moving forward in year 2022, my insecurity mostly derive from (1) INFLATION and (2) COVID-19 VARIANT.
INFLATION
According to a news report of CNBC, inflation rises 7% over the past year, it is the highest since 1982. Such inflation rate of 7% and if it shows no sign of stopping, it may give a lot of pressure to or trigger the Fed to to have interest rate hiking cycle. Then more volatility in the market for 2022.
OMICRON
Omicron variant form Covid-19 quickly became the main global anxiety as infections spread across the globe. The World Health Organization said that the pandemic will not end as the omicron variant subsides in some countries. WHO further warned that the high numbers of infection will likely lead to new variant. It is clear that this pandemic is nowhere near over and uncertainty will continue looming.
NEW YEAR AGENDA
I want to tick all my new year agenda, which includes increasing my reading hours and materials to improve my career and investment skills.
Always stick to my VISION and my investment PHILOSOPHY, which I shall reproduce below:-
Vision
1. Holding quality business for long term for a sustainable future.
2. Creating value for company and society.
Philosophy and Strategy
1. Invest in businesses that we can comfortably understand.
2. Invest in businesses that are reasonably valued.
3. Invest in businesses that are consistent in generating dividends.
4. Focus on the underlying business fundamental.
～通往财务自由的心力路程～
PERFORMANCE
“A picture speaks a thousand words.”
My performance for the past 21 months.
My TOP 5 performance stocks
My BOTTOM 5 performance stocks/counter
Overall, my portfolio performance currently in the uptrend since its inception in May 2020.
The coming 1st of February 2022 will be Chinese Lunar New Year. To those who celebrate Lunar New Year, like me, HAPPY LUNAR NEW YEAR 2022. The year of tiger.
Stay safe.
MNMLH
20.01.2022
TAKE NOTICE that the above memo is by
no means a recommendation or a solicitation or expression of views to influence
you to buy or sell any stocks. The above memo is just my sharing on what I am
doing with my portfolio and my thoughts along my investment journey since May
2020 for my future records and reflection usage.
