October 4th, 2003

Don’t forget: Buy and forget it

» ,

It is a frustrating two weeks. I was bored and tweaked my portfolio two weeks ago (selling off CHRT at 7.35 and it close 9.16 today) and I pay dearly for my mistake.

It is not that I am angry with the lost gain. I mean I didnt lose any money on the trade and the money, really, it’s no big deal. I am angry at myself because I violated one of my own investment principles: “buy and forget it“.

I decided to blog this to remind myself of this painful mistake.

Current stock portfolio: CSCO (14.8%), FRE (19.4%), ISIL (29.2%). RSAS (5.6%), Cash (31%).

Oct2003.PNG


Oct2003-NASDAQ.PNG


  




YTD



JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP


James Seng


58.97%


3.68%

0.47%

-0.66%

10.21%

7.90%

12.46%

7.09%

3.04%

0.70%

Q1 Performance
3.48%

Q2 Performance
33.73%

Q3 Performance
11.12%


S&P 500


15.96%


-2.74%

-1.70%

0.84%

8.10%

5.09%

1.13%

1.62%

1.79%

-1.19%

Q1 Performance
-3.59%

Q2 Performance
14.89%

Q3 Performance
2.21%


NASDAQ


37.49%


-1.09%

1.26%

0.27%

9.18%

8.99%

1.68%

6.92%

4.35%

-1.30%

Q1 Performance
0.43%

Q2 Performance
20.99%

Q3 Performance
10.12%

Graphs and Data extracted from my E*Trade account.

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