Hi all,

I have starting taking action of turning my portfolio around by selling off EVRD.

http://i1299.photobucket.com/al...5jan2013_zps16f4065b.png

This is my portfolio as it looks today

http://i1299.photobucket.com/al...osummary_zpsae3c309f.png

and this is as it was on 7th Jan 2013

Selling EVRD caused be a slight loss but I believe this is the beginning of accepting the wise consul of one Abunuasi, "if it can give birth therefore you must accept that it can/will die".

"A journey of a 1000 millions begins with the first step"

Hi,

It is interesting how with the changes I made to my portfolio by selling EVRD has balanced my portfolio across 3 sectors.

Regards

http://i1299.photobucket.com/al...rugraphs_zps18401bf8.png

Hi,

Thought I should share two events that took place last week that I am sure will have a major impact on my investing in the new year and beyond.

1. I was introduced to a book called "The Intelligent Investor" written by Benjamin Graham, this book gives much more than it is hyped to give and the fact that it was written in 1949 says a lot about investing being a science. In addition to the book I also got a 10 page synopsis which gives one the chance to delve into the teachings of the book immediately. For anyone who is serious about investing this book is a must own, read and markup.

2. The portfolio manager I use got a minor upgrade but what was introduced is not minor at all it is the feature that every arm chair investor needed, its an automated alert system that sends you a SMS when a preset condition is reached.

http://i1299.photobucket.com/al...u/alerts_zps29f71d18.png

I normally spend one hour every morning going through the previous days market activities to get a feel of what might be happening, many times I have not been able to and those are the days when something major occurred in the shares I own.

With this new feature, so long as my phone can receive SMS, I will never miss to be aware of anything relevant happening in the market. Now I hope the developers can alert me on announcements, as I have always missed those 10+/- movements in shares I own or are planning to invest in.

The alerts can either be set against a general market condition or specific to my portfolio this means that the information I receive is relevant to my holdings so the premium rate SMS is worth more than the generic 411/6667/9982 services.

@stocksguru, i'm glad you are now reading "The Intelligent Investor" by Benjamin Graham. I read it cover to cover many years back and I started picking companies to invest in the right way by first looking at the industry as a whole then the company as a whole and it's overall strategy and most importantly I learnt to control my emotions if the company is fundamentally sound forget about what the share price is doing until you realise fair value, if the company is overvalued by Mr. Market sell if it's undervalued buy.

@Stockguru, i just came across your thread today and decided to read it. All i can say is, you have a 'suicidal combination'.
Just as someone said, START AFRESH, and not neccesarily in stocks.