Thursday, September 26, 2013

Starting to Invest

So, now that the baby is coming along and I have been thinking a lot about money. I started to learn the ropes of investing a few months ago and started planning for my child's education fund.

Sigh.

"If only I started early..."

This thought is always in my mind. It's like this quote from Warren Buffett, "Someone's sitting in the shade today because someone planted a tree a long time ago". Lol! Yes, I kind of regret that I didn't save much before. I've spent most chunk of my savings to travel and splurge on nice things. I'm going to stay grounded for a while now and be more frugal on my spending until I build a solid foundation for my future financials to make up for lost time. In one word, I'm planting that tree now so that I can sit in the shade tomorrow. Haha!

I actually love the fact that both my husband and I produce income and not relying on only one sole bread-winner. Therefore, there will be no single source income problem in this household. At least if something bad happen to anyone of us (touch wood!), the other one can still contribute to the household income.

So I started investing in the stock market since July. So far, I'm quite comfortable with the stocks I'm holding at the moment and at least I think I have a healthy portfolio. Below is the comparison between my portfolio against Bursa Composite and Fixed Deposit assuming my capital is put into bank's FD at average of 3.5% per annum (the current position as at 25 September 2013).

KLCI is up 0.72% now from my first investment date.
If I were to put my capital into the bank's FD, my earnings is only up 0.59% today.
My current portfolio is up 8.43%.
Therefore, the average earnings p.a (up to the date) is 37.52%.

This is so much better than keeping my money in FD.

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