Is 8 to 10% enought for 2008??

Was thinking, considering that this is a not-so-good year for stocks, would it be better to settle for a target of 10% profits instead of 15%? And to try to get out of the remaining stocks with minimal losses to wait for a better opportunity.

Portfolio Update dtd 01 June 08

Did a quick contra with Ausgroup, bringing total profits to about 8.28%.

Remaining portfolio looks pretty red now, esp the S-Shares sector. Not much choice but to hold and wait it out.

Portfolio Update dtd 23 May 08 1.45 pm

Oil prices have taken a breather from a high of US$135.

Ausgroup has weakened from a high of $0.94. Sold Ausgroup @ $0.93 before lunch.

That brings total profits to about 7.94%.

Portfolio Update dtd 23 May 08

Current profits to about 6.89%, still about 8.11% away from the 15% target for 2008.

Assuming the target is reached before end of 2008.... I wonder what should my strategy be. Go into conservative mode and hold more cash? Buy in only when there is a significant drop? Or maybe stay 20% invested, 80% cash and wait?
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Ausgroup has picked up, due to rising oil prices. It crossed the 0.90 mark quite convincingly yesterday to close at 0.94. The

Synear management announced that it's Chengdu operations are largely unaffected by the quake. Hope this helps to allay investor's fears.

Comfort DG is still doing badly, due to rising oil prices.

SinoTF seems to be holding fine, slightly in the black now.

China HX seems to have dropped slightly, no apparent reasons, possibly due to the Sichuan quake
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Portfolio Update dtd 20 may 08

Made about $340 from the sell in mkt (price difference) for Synear.
Will be collecting about $280 dividend for Synear.

That brings current profits to about 6.89%
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Ausgroup seems to have picked up, due to rising oil prices.

Synear seems to have been sold down partly due to results, dividend and the earthquake in Sichuan.

Comfort DG seems to be doing badly, due to rising oil prices. Might have made a bad call in buying back this counter.

China HX & SinoTF seems to be holding fine, slightly in the red.
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Vitamin M for May is Here : )

Ah, the one vitamin that everyone looks forward to : )

Over 80% Singapore Grand Prix Tickets Sold

Papers reported about 80% or 78720 of 96000 tickets sold. Another 4.5 months to the end Sep 08 event. Hope the sales are good, then I'll be able to sell off some of my tickets on hand. Currently holding on to:

Floating Platform Lower Deck Tickets x 6
General Walkabout Tickets x2

Anyone interested, do leave your contact / email as a comment and I'll respond to ya : )