Back in June 2011, I blogged about investing in the darkest days of the financial crisis. I stated that if you had bought shares of fundamentally strong companies around the rock-bottom prices, you would have made some handsome profits. It has been around one year since that post. Aren’t you curious to see how this portfolio has fared thus far?
Below is the screenshot of the portfolio as of the closing on 20th July 2012:
The percentage of profit stands at a whooping 204%! The percentage grew substantially over the past few days thanks to Asia Pacific Breweries (APB). The profits stood at around 190% a month back.
While tracking the portfolio over the year, I noticed that after the two times the general market dropped (in August 2011 and June 2012), the portfolio came up even stronger and made more money. That is why I love corrections or even better, market crashes. You can buy your favourite stocks for cheap and wait for the market to realise its true potential.