A long term investment strategy, emphasizing on buy and hold.
Monday, October 4, 2010
1 year anniversary
It's been one year from blogging. Nothing to shout of, unclepicks' profit stood at 6.37% for the last 12 months. The low profit was due to low exposure to stocks, about average $60k exposed to stocks, while the remaining sitting safely on FD. Based on $60k, the profit would be 10.62%
As for upcoming year 2010-2011, unclepicks will be more focusing on more solid counters. i.e. recent picks like MFLOUR and BJTOTO. This would better blend into busier lifestyle, to focus more time on other activities, while not affecting the performance of stockmarket investment.
Stock picks and comments presented are solely from author's personal opinions. The blog serves as a personal investment diary for the author to keep track of his stock performance. All readers are advised to conduct their own independent research into individual stocks before purchasing any stocks. The author shall under no circumstance be liable to user, and/or any third party for any lost profits or lost opportunity, indirect, watsoever damages.