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Friday, April 20, 2007

Trade updates...

Long time nv update my trades cos really too busy....

Exit BBR with abt abt a 20% profit...not bad...but held on for quite long...ZGJL still suspended.. sigh...when will it settle its audit problems...Unit trusts doing quite well....my switching/compounding technique reaping quite good profits and my best performer is Thailand!! haha...i always buy low and sell high...Made around 6-7 % for UOB Gold fund and Lion Cap Malaysia within 2 weeks but shld have held on abit more to hit 10%...too conservative..though other ppl might beg to differ...

Just sold my AIA unit trusts too...16% returns for abt 3 quarters...not too bad...but could have been better if not for the high sales charge the agents charge...it was my first purchase of UT...learnt a lesson on high sales charge...not making the same mistake again...

new investments and profits of about 10% for the 1st quarter of 2007....not bad considering major corrections in Feb...my outlook is more corrections on the way...it's abt time to take profit...but do stay invested but have some spare cash to buy when the market corrects...good time for bonds which are cheap now...

Stopped playing forex for a while cos no time to do much analysis and follow the movements which are super volatile....concentrating firepower on options now...hope everything works out...