Tuesday, February 10, 2009
Post no. 597
By Timothy Ouyang, Channel NewsAsia Posted: 10 February 2009 1706 hrs
I think im a very good investor. about 6 years ago, when i plunge into the stock gambling investing... my annual returns has been rather steady at about 10% PA. This is much more favourable than the 3% that most singapore town councils are making.
Even in the recent downturn, my only outstanding position was down a total of 20%. This is much more favourable than the 30% that Temasek lost.
And through these years, i seriously thought i suck at stock picking.. THANK YOU TEMASEK! You made me feel really good!
Of course, there is a silver lining amid all these gloom..
Senior Minister of State for Finance and Transport, Lim Hwee Hwa, said: "This is less than the corresponding declines in the MSCI Singapore Index of 44 per cent and the MSCI Asia ex-Japan of 45 per cent both in Singapore dollar terms over the same period."
As you can see, we are all still very positive about the entire issue.
Regards
