I am happy to note that the unfortunate "financial opportunity loss" on the so-called capital- protected CIMB structured fund (2008-2011) has been compensated by the sterling performance of my selected hedge fund within a year! I still can recall the letter from the CIMB Islamic fund manager who wrote upon the fund's maturity date...... " We are happy to report that the fund has managed to protect your investment's capital...." What audacity I thought! My 100k was dormant and lay wasted for three years and some foreign fund managers must have made money on it especially when market recovered in 2009 surely. I am avoiding this kind of fund like the plague.
It is exciting to make money on the stock market especially with your stock's dizzying rise in capital but the time has come for me to cut down the excitement and the fun and let the passive income take over. I used to have 18 portfolios and now I am left with seven. I am not given to frequent trading as I tend to hold my stocks for a longer period but emerging market volatility after 2008 and the current Eurozone debt crisis as well as the US's slow economic recovery are causing the strategy to be unsustainable and have subsequently altered my investing behaviour for now.
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| A Raging Bull |
And despite all these, remaining caring and yet carefree has always been my wish.
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