Saturday December 30, 2006 | ${log.root}/lowem.log Inflation, Investing and Everything |
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Here are some portfolio updates as of 29 Dec 2006, the last trading day of this year. Investments, top 3 annualized returns : 1. 769.26% (uranium company) Let's look at the bottom dwellers too. Investments, bottom 3 annualized returns : 1. -92.26% (natural gas company) The trend is clear enough. The nuclear-powered part of the portfolio has gone ballistic, boosted by rising uranium prices and a worldwide drive by multiple countries to build more nuclear power plants. Conversely, natural gas stocks have been a disaster, compounded by the $6+ billion Amaranth hedge fund blow-up. Deep contrarians may want to plough in, for the sake of being contrarian. Shrug. Overall, the entire portfolio (including stocks, CPF accounts, and cash in investment accounts) has scored an annualized return of 10.01%, based on records dating back from circa 2001. Not too shabby, if you think in terms of official CPI inflation. It is just about breakeven, if you consider M3 money supply growth. Here's wishing you many happy returns for 2007. If you are an investor, I wish you happy returns for your portfolio. Whether you are an investor or not, I wish you happy returns in your everyday life. Happy New Year. (2006-12-30 19:50:07 SGT)
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