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My active portfolio - 16 Oct 2020
16 Oct 2020 (107 views)

I use the POEMS 2.0 mobile app. I find it convenient to use. It is better than the web app that I used previously on the desktop. I have now changed completedly to the mobile app.

I login with my fingerprint. It is convenient and secure.

There is a function called "My Porfolio". Shhh, the current value of my equity and CFD is $1,441,000. It is updated daily.

I kept a record of the money that I put into this account. It was $1,200,000. So, my portfolio showed a profit of $241,000. Not bad, right?

However, I have been investing for 2 years. So, the gain of 20% (thereabouts) represent a return of maybe 10% a year. So, it is not really that great after all.

Actually, I had also received dividends on my Singapore stock. They go directly into my bank account through CDP. So, the actual gain is higher than the $241,000 shown above.

The dividends received on my non-Singapore shares (i.e. HK and USA) goes into my POEMS account and are included in the $241,000.

I am able to see my individually holdings. Many of these stocks, especially Singapore stocks, showed a large book loss. The total is about $182,000. It looks very bad.

But I had realized gains of $420,000 for the positions that I closed earlier. So, you need to have a complete picture to make a proper assessment.

Tan Kin Lian
 


My active portfolio - 16 Oct 2020
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I use the POEMS 2.0 mobile app. I find it convenient to use. It is better than the web app that I used previously on the desktop. I have now changed completedly to the mobile app.

I login with my fingerprint. It is convenient and secure.

There is a function called "My Porfolio". Shhh, the current value of my equity and CFD is $1,441,000. It is updated daily.

I kept a record of the money that I put into this account. It was $1,200,000. So, my portfolio showed a profit of $241,000. Not bad, right?

However, I have been investing for 2 years. So, the gain of 20% (thereabouts) represent a return of maybe 10% a year. So, it is not really that great after all.

Actually, I had also received dividends on my Singapore stock. They go directly into my bank account through CDP. So, the actual gain is higher than the $241,000 shown above.

The dividends received on my non-Singapore shares (i.e. HK and USA) goes into my POEMS account and are included in the $241,000.

I am able to see my individually holdings. Many of these stocks, especially Singapore stocks, showed a large book loss. The total is about $182,000. It looks very bad.

But I had realized gains of $420,000 for the positions that I closed earlier. So, you need to have a complete picture to make a proper assessment.

Tan Kin Lian