Wednesday, January 1, 2014

Happy New Year 2014


Wishing all readers a Happy, Healthy and Prosperous New Year!

May the stock market yield healthy returns in the year ahead! :)

On a side note, I have heard many conflicting opinions on what would be the outlook for the local stock market in 2014.  Most broker houses are predicting 2014 to be a bullish year for equities with CIMB by far the most optimistic, predicting STI to reach 3600. (by the way, STI closed at 3167 for 2013 AND 2012 - how coincidental!) On the other hand, many "stock gurus" and "trading school" are predicting equities to be bearish. I still am undecided on this, and tend to "take it one step at a time". I believe that no matter, whether bullish and bearish, just follow the trend and you'll make money! Besides, it is still early to say and I dont intend to spoil the New Year mood and predict "the market will be bad next year"...

2013 was a good year for me. My portfolio grew 32% (2013) year on year reaching a new record high, better than last year 25.9% (2012) and much better than the annualized 11.7% growth (2010) I achieved in my first year.  As some of my loyal readers are aware, I started in 2010, making 2014 the fifth year in my investment journey. What will next year bring? I do not know myself but I sure pray and hope for the best :)

Then to my readers, I know that in 2013 I havent been posting much. But I hope you readers still benefited from my post one way or the other.  I am no longer a teenager, and some people have asked me to change my blog url/title. But, I wont be doing it anytime, as I am (and continue to be) an advocate of young people starting early investing in the stock market, as I myself have benefited much from starting early in my investment journey.

 And last but not least, Happy New Year! HUAT AH!

4 comments:

  1. Hi, came across this good blog, but it seems you haven't updated the portfolio page for quite a while?

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  2. Hi Phileas

    Yes, you are right. And oh my gosh, I havent updated my portfolio page for a few months already! I have just updated it. Do feel free to take a look.

    Ming

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  3. Hi, Nice site I enjoyed reading it. Thanks for sharing. Would it be possible if I contact you through your email? Please email me back. Thanks!

    Aaron Grey
    aarongrey112 at gmail.com

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    1. Hi Aaron, thank you for your kind words. I can be reached at youngteenageinvestor@gmail.com

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