Sunday, June 01, 2008

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.