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(31-12-2013, 04:02 AM)GPD Wrote: For example, two investors A and B has the same capital investment planned but A cashed out some at some point while B holds on till the end of the year. Both generated profit of $1k on the same investment. The XIRR of A is 20.6% while B is 15.5%. If B holdings is worth $11,325 at the end it will have the same XIRR as A but B's profit will be 32.5% higher.
A has higher return due to lower capital after the cash out. That is logical, isn't it?
(31-12-2013, 04:02 AM)GPD Wrote: I not saying here that XIRR is not a good performance measure but it can be quite sensitive to when cash transactions took place (or maybe that the whole idea?) but still someone who 1% gain for a month and do nothing for the 11 months will have a XIRR of 12%. I think a single indicator can hardly tell the whole story and a few more can give a wholier picture.
My XIRR is 25.5% (based on today closing price) but return on invested money is only about 9.9%.
Someone with 1% gain on 1 Jan and do nothing after then, IF the XIRR is done on 31 Dec, it will not give him/her 12% return, but 1% return.
More had been discussed in the thread below, which I may not want to repeat in this thread. Please refer to the thread for more detail on XIRR
http://www.valuebuddies.com/thread-2152.html
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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I managed about 20% return this year including dividend.
Best performer is SuperBowl, from 0.47 to current price of 0.74.
Still holding out for better offer from Hiap Hoe.
Wish everyone a happy and prosperous 2014!
Haut ah !
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You guys on steroids this year. My XIRR ytd 11.5%. That's about 11% profits of current value invested.
Includes dividends btw....
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31-12-2013, 03:15 PM
(This post was last modified: 31-12-2013, 03:16 PM by cyclone.)
NAV per unit went from 1.13 to 1.297 for the year 2013. All dividends were reinvested.
The worst dog was Sing Holdings, followed by Elec & Eltek.
These 2 dogs ate away 1/3 of my gains for the year.
Reflection : Too greedy.
Most of the stock picks I got from sifus here. Thank you for sharing.
Specuvestor: Asset - Business - Structure.
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(31-12-2013, 03:15 PM)cyclone Wrote: NAV per unit went from 1.13 to 1.297 for the year 2013. All dividends were reinvested.
The worst dog was Sing Holdings, followed by Elec & Eltek.
These 2 dogs ate away 1/3 of my gains for the year.
Reflection : Too greedy.
Most of the stock picks I got from sifus here. Thank you for sharing.
It translated to 14.8% return, not too bad. If without the two "dogs" contribution, then it will be 22%, right?
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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(26-12-2013, 05:01 PM)CityFarmer Wrote: YTD, the XIRR result is close to 30%. YTD STI return is 2.4% (assumed dividend yield of 3.4%, and growth of -1%), so it is about 27% above STI.
I am yet to complete the review. Preliminary review shows that Challenger helped quite a lot. So did M1 and YZJ. None of my portfolio lost money this year. The recent acquired MemstarT also helped a bit.
Other in this forum might have better result, with a good run up of stocks like Kingsmen, Silverlake and Boustead etc.
The year is closed. The final result are
XIRR result is 32%, including dividends. STI is flat at 0%, and +3.4% (estimation) with dividend. The last few day of market make a few % difference.
Not too bad a year for me. Wish you all Happy New Year 2014.
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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(31-12-2013, 03:15 PM)cyclone Wrote: NAV per unit went from 1.13 to 1.297 for the year 2013. All dividends were reinvested.
The worst dog was Sing Holdings, followed by Elec & Eltek.
These 2 dogs ate away 1/3 of my gains for the year.
Reflection : Too greedy.
Most of the stock picks I got from sifus here. Thank you for sharing.
why "NAV per unit"? you got your own fund??
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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31-12-2013, 04:40 PM
(This post was last modified: 31-12-2013, 04:41 PM by cyclone.)
(31-12-2013, 04:22 PM)CityFarmer Wrote: (31-12-2013, 03:15 PM)cyclone Wrote: NAV per unit went from 1.13 to 1.297 for the year 2013. All dividends were reinvested.
The worst dog was Sing Holdings, followed by Elec & Eltek.
These 2 dogs ate away 1/3 of my gains for the year.
Reflection : Too greedy.
Most of the stock picks I got from sifus here. Thank you for sharing.
It translated to 14.8% return, not too bad. If without the two "dogs" contribution, then it will be 22%, right?
Yes. When the greed crept in, I just sold F&N, Tan Chong, etc, and added to Sing Holdings. I think in the future, I'll just allocate a maximum of 15% for a counter in the portofolio.
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(31-12-2013, 04:40 PM)cyclone Wrote: (31-12-2013, 04:22 PM)CityFarmer Wrote: (31-12-2013, 03:15 PM)cyclone Wrote: NAV per unit went from 1.13 to 1.297 for the year 2013. All dividends were reinvested.
The worst dog was Sing Holdings, followed by Elec & Eltek.
These 2 dogs ate away 1/3 of my gains for the year.
Reflection : Too greedy.
Most of the stock picks I got from sifus here. Thank you for sharing.
It translated to 14.8% return, not too bad. If without the two "dogs" contribution, then it will be 22%, right?
Yes. When the greed crept in, I just sold F&N, Tan Chong, etc, and added to Sing Holdings. I think in the future, I'll just allocate a maximum of 15% for a counter in the portofolio.
Ouch! I did the same =x
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31-12-2013, 05:00 PM
(This post was last modified: 31-12-2013, 05:02 PM by cyclone.)
(31-12-2013, 04:32 PM)opmi Wrote: (31-12-2013, 03:15 PM)cyclone Wrote: NAV per unit went from 1.13 to 1.297 for the year 2013. All dividends were reinvested.
The worst dog was Sing Holdings, followed by Elec & Eltek.
These 2 dogs ate away 1/3 of my gains for the year.
Reflection : Too greedy.
Most of the stock picks I got from sifus here. Thank you for sharing.
why "NAV per unit"? you got your own fund??
The money belongs to me and next of kin. Each contributes different sum. So I use the NAV per unit concept.
Specuvestor: Asset - Business - Structure.
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