Saturday, October 25, 2008

The global crisis and me

No doubt, the financial crisis that has dawned upon us has been amazingly and shockingly fast. At times, it feels as though there is not enough time to register the reflexes that should be appropriate in such conditions. Needless to say, I've not made any changes to my portfolio and was caught out in this sudden plunge. The situation is increasingly worse and no one knows for sure when the tide will turn and a genuine bottom be found. I did a health check to gather the numbers and below is the current result:-

Net yield since I'd stepped foot into equities almost 3 years ago: -11.43%

Current yield of my portfolio: -24.54%

My current portfolio tells me I have lost a Tag Heuer Grand Carrera 17RS and abit more. :(