Wednesday, November 28, 2007

AWP Certification

Wow..... i thought i could not make it, but i did! :D

After waiting anxiously for the results of my Retirement Planning module of the CFP (Certified Financial Planner) program, I finally got my results.... it's a PASS!

Having completed Module 1 & 4 previously, I only need to pass this Module 5 to complete my AWP (Associate Financial Planner) certifictation. Though this may not mean anything to you, i really wish to share my joy with my friends and thank all who have supported me in many ways.

Should you have needs in Retirement Planning or any other Investment Planning needs, pls feel free to contact me. :D

Sunday, November 25, 2007

UT Portfolio as at 25 Novemeber 2007

So much for the thanksgiving holidays which i was having high hopes for.... I was hoping that the US market would lead the rally this week to end a high before thanksgiving. Sigh......

As you can see from below, it's not good news.... My portfolio is down by $7k (unrealised profit) from a high of $20k. I am keeping my fingers crossed for a Santa's rally in the coming weeks.

Saturday, November 17, 2007

UT Portfolio for the past 2 weeks....

I have been busy wrapping up issues at work which result me having no time to do any posting for the past 2 weeks. pls accept my apologies for those who read my blog regularly.

With the US market leading the correction, most equity funds were not spared; losing almost 10% in the past 2 weeks. If you thought you were lucky to have switched to fixed income funds, i am sorry, there are also no good news knocking. This was because the sub-prime (CDO) issues had knocked many good companies off their feet. This resulted in less than satisfactory results in the fixed income asset class. Some others who diversified to energy related funds also did not benefit from the oil price surge as well. Pls take note that UT fund manager normally trade stocks of the respective asset class rather than the actual commodities, understand? :)

With speculations that FED will cut rates the 3rd time (90% possibility), the market should start to rally in the coming weeks before the FED meeting. I am in the opinion of keeping your portfolio balanced and have tactical allocations for selected equity funds (in emerging markets).

I have just switched out of DBS Enhance Income to PRU Dragon Peacock, hoping to ride to possible rally i mentioned earlier. :D

Here's my results for the past 2 weeks:

Sunday, November 4, 2007

UT Portfolio as at 04 Novemeber 2007

After a nerve-wrecking week, i suspect there will be short rallies in the coming weeks. Likely markets that will benefit will be Asia, Latin America & parts of Europe (those rich in resources or those who requires loads). This is still not the time to switch to fixed income investments; you should have witnessed the weakness in US T-Bills when the DJIA fells more than 350 pts in midweek.

After switching part of my DWS China Eqty to DBS Enhance Income (wanted to play safe pior to FED meeting), my portofolio managed to stay above the $20k profit target; I expected a dip after the said volatility in global markets. I will be monitoring for a sign to switch the load od DBS Enhance Income back to equity funds midweek.