First Month-end Update (Apr 2015)

First Month-end Update

Well, technically it has not been a month since the last evaluation was conducted. But in order to streamline my tracking and reporting, I've decided that this should be done on a monthly basis at the end of each month. So anyway, here it goes:

Period of evaluation:- 20/4/2015 to 30/4/2015

My Returns:-

Investment Capital	USD 402.75	MYR 1,449.95 (@MYR 3.60/USD)
Current Investment Value	USD 411.25	MYR 1,468.16 (@MYR 3.57/USD)
% Rate of Return (ROR)  % Year-to-date (YTD)	2.11% 2.11%	1.26% (FOREX-adjusted) 1.26% (FOREX-adjusted)

 

S&P 500:-

Index value (20 Apr 2015)	2,100.40
Index value (30 Apr 2015)	2,085.52
% Rate of Return (ROR)  % Year-to-date (YTD)	-0.72%  -0.72%

Dow Jones Industrial Index:-

Index value (20 Apr 2015)	18,034.93
Index value (30 Apr 2015)	17,840.52
% Rate of Return (ROR)  % Year-to-date (YTD)	-1.08%  -1.08%

For the current year of evaluation, my aim is to produce between 2.00% and 2.50% returns each month, with a final year-end goal of 26.00% nett rate of return. Of course, I also aim to beat the S&P 500 and Dow Jones as well. I will be employing a two-pronged approach to my investment strategy: (i) I will aim and purchase shares of companies with heavy discounted prices on their stocks, at least 20% or more. These will be for longer holding periods (3 to 6 months), with the aim of realizing at least 25% or more returns (ii) I will aim to trade stocks with lower discount rates and shorter rebound potential (5%-10% discount). These will be for shorter holding periods (less than 3 months), with the aim of realizing at least 5% returns.