It's 2012, a new year with new challenges, and more importantly, new opportunities. JustOneLap is already putting out new content and we have a wealth of videos from last year, so if one of your new year's resolutions is to know your money - grow your money, you're in the right place. I am typically not a fan of late night resolutions to improve oneself, but I do like the idea of reflection, adjustment and improvement. On the top of my list is to write my book on investing that I have been promising the publisher for four years now.
One question I do ask traders and investors every new year is, "what will you be doing differently this year?" With traders this is especially relevant as we're always growing and improving and can never afford to sit back and relax with a smug smile, as that's just when we'll get blindsided by either the market or our over confidence (most likely both). But even for an investor, is there anything that you feel you could do better (or differently) that would help you on the journey to wealth creation?
We have two new videos on the website: the JOL Momentum portfolio update for 2011 and 2012, and the High Dividend Yield Portfolio for 2012.
The JOL Momentum portfolio did 21.5% for the year compared to the benchmark (the Top40 Index), which was flat - a great outperformance. We have also selected the five stocks for the 2012 edition of the JOL Momentum Portfolio.
We've updated the High Dividend Yield portfolio for 2012, which is a simple portfolio designed for those looking for income from the stock market. It performed as required in 2011 and we're revisiting it to see if it needs any tweaks and are also setting out a new list of stocks for 2012.
On Wednesday at 20h00 our fundamental guru, Keith Mclachlan, is back with a webinar on Valuations: Price-to-Book Model. He is working his way through the different valuation methods (he started with PE ratios last year) and as always, this webinar will be followed up with a practical example of the concept.
Wednesday 18th 8pm - Valuations: Price-to-Book Model
Wednesday 25th at 1pm - Surviving volatile markets
Tuesday 31st at 1pm - Single Stock Futures - SSF's
Week that was
JOL Momentum portfolio update for 2011 and 2012
High Dividend Yield portfolio for 2012
Investing during a recession
The festive season nearly always leaves your bank accounts looking very grim. A far from ideal way to start a new year, so why not use this sorry state of affairs to get rid of the store cards? Cut them up and throw them away, then when they are paid off in a couple of months time their debt won't reappear and you can start next year with less debt.
All the best
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