Think of someone in 1995; 30-32 year old bloke and aiming for a similar control and documentation of his journey. How would he do it? Maybe filling up notebooks. Maybe selling & buying his shares, mf, bonds etc in physical form and maintaining a file for them. Maybe updating his bank-passbook every other day and tallying it up on month-end. So many “maybes” addressed by a simple invention… think about it.
Anyway back to basics for now. April 2018 was not much eventful so I really don’t have much to introspect upon. Even though 6-months into this blog, I see a trend – I am regularly being beaten by my “chosen” benchmark and I am not loving this feeling! Yet, I want to give more time to my calls, and so if this trend continues for another 6-month, I will definitely do something about the portfolio.
So in April, while the Nifty50 grew by 6.19%, my portfolio grew a paltry 4.34%! It essentially means if I had bought an index fund mirroring nifty50; I’d have been richer this month by 18lac rupees! I hope its not a costly miss….
Anyway, I reiterate what I said above. I want to give these calls a little more time, maybe another 6-months. Also, the same old mistake of “broker driven trading calls” continue to feature. Lets just say, I will grow up one day….
The problem with these numbers is – they just reflect your position AT THAT POINT OF TIME. They do not reflect any real profit or even loss. So one shouldn’t lose too much sleep over them. Rather a better way to look at it would be to see from point-of-purchase till point-of-sale.
So for example, if I was to buy the entire portfolio on 31st January 2018 and sell it ALL on 30th April 2018 (3-month), what would be the overall gain be? Here in my case, NIFTY50 has slipped from its 31st Jan levels, while the portfolio is in positive.
Time for some individual break-up –
2-3 months back, I had taken a deliberate call to do a 50:50 portfolio, and I am proud to share that this has been achieved. Again for the purpose of sanctity, I only target a 10% growth (because of high skew towards debt now).
BIGGEST LESSON FROM APRIL?
TO GET RID OF MY TRADING STOCK PORTFOLIO ! DETAILS BELOW
(ps: these are only trading stocks. thankfully I have a separate long-term stocks portfolio with good holdings like RIL etc at dirt-cheap prices)
(pps: red-marked are poor emotional hangups and I know I need to exit them at a loss. I just dont know when..)
|CANARA BANK||23-02-2018||₹ 313.55||2000.00||265.95|
|DEEP INDUSTRIES||12-04-2018||₹ 176.15||3000.00||155.85|
|GREAVES COTTON||23-04-2018||₹ 127.85||5000.00||124.80|
|HCL INFOSYSTEMS||24-04-2018||₹ 54.52||10000.00||52.30|
|IDBI BANK||26-02-2018||₹ 82.05||10000.00||66.15|
|JAIPRAKASH ASSOCIATES||28-03-2018||₹ 19.40||70000.00||19.90|
|JINDAL STEEL||23-04-2018||₹ 112.75||5000.00||92.25|
|L&T FINANCE||29-08-2017||₹ 195.12||4300.00||173.05|
|NRB BEARINGS||26-04-2018||₹ 180.20||4500.00||173.05|
|ORIENTAL BANK||28-02-2018||₹ 97.40||5000.00||93.85|
|PATSPIN INDIA||12-07-2017||₹ 27.69||13000.00||16.60|
|PC JEWELLERS||30-04-2018||₹ 165.80||2500.00||144.50|
Look forward to recommendations. Please bail me out from this “obsession” to see off my trading portfolio in a no-profit-no-loss situation 🙂