FY 07/08 Return
by, 30th-June-2008 at 08:15 AM (2928 Views)
Well, it's been a tough FY year for the general markets.
Where is it? Back to the start I think? Golly lower...
Started at 6300 ish, and ended at 5350. So market down 15%.
I've had a few lucky punts I think (MAK/O) and some great losses (KMN) but overall have returned 33%. (pre tax!)
Not sure how I feel about the 08 performance. There were so many great spec opportunites, but my investment plan is to always try and be conservative. And, that was my 2008 story. Just kept taking profits and cutting losses, and didn't over invest in anything. And, I have the feeling this year will be the same.
I suppose I can't be too upset with the outperformance given my conservative nature.
This is a different figure to my overall P&L noted in the last couple of updates as I've only just started adding in the closed trades P&L and overall graphs.
Will keep that running so it gives a fairer indication of % gain loss running through 08/09.
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