Nothing to shout about the portfolio return when a number of blogger investors were making double digit percentage return in 2017. However, I personally was satisfied with the portfolio performance as my goal was never to achieve the highest return in the shortest time frame. Instead, I was aiming for:
1. Capital preservation
2. Consistent return of 4% and above in the long run.
With equity allocation at 41.47% and bond/cash allocation at 58.53%, I can sleep well even if global stock markets were crashing by 50% when I wake up tomorrow. Indeed when I was on 2 week vacation in early December, I didn't even bother to look at the market fluctuation.
After selling off Venture Manufacturing in November, GLP proposed privatisation was finally decided too. It looks like my equity allocation will be reduced further with this "force" selling. I feel there is still a lot of potential in GLP, so it's with a mixed feeling I accepted the privatisation offer at $3.38 per share. I received $505.56 in dividends in December 2017, which brought total dividends in 2017 to $10,266.70.
Link to Yaruzi's low cost portfolio as of December 2017