Goal in 2015: $92k to $150k

Still using only 20% of buying power since I'm waiting for volatility to pick up. Until then, I will be holding on high yield stocks.

 

IB report shows a slight difference in YTD return:

 

Still, I have been conservative holding on high yield stocks while reducing the exposure on options.

 

Thanks to 'xandman' for the idea posting VaR report by IB.
This is VaR report for my account that my risk exposure is 2.8% of NAV.

 

Little change on P&L since last update:

 

Ended the month almost flat (down -0.4%):

 

will be adding some capital to trade more actively:

 

June and July were the worst months for portfolio - keeping on both oil and gold stocks, betting on earnings. Roughly, I lost 30% of total value. Since inception (Jan 2012), the below is the P&L comparison with S&P500 since I trade S&P500 stocks and options mainly:

Date ----------------------------- SPY --------------------- My account
Jan 2012 to Jul 2015 -------- +76.73% ----------------- +148.08%

 

This gives a little bit better information:

 

If one can say 30% for 30 years, he should make
1.3^30 = 2619.996 times.


40% for 25 years, he should make
1.4^25 = 4499.88 = 4500 times.

To compare those performances equally, let the length of investment be 50 years (from 30 to 80).

For 20%, 1.2^50 = 9100.438 (100K becomes 910M)
For 30%, 1.3^50 = 497929.2 (100K becomes 49792M)
For 40%, 1.4^50 = 20248916 (100K becomes 2024891M) which is bigger than small country's wealth

Note that stock market kept open for 400 years from Netherland. If there WAS any one with 20% outperformance trading logic, then he has all the wealth on earth NOW. Even Buffet and Gates should be broke now.

Therefore, I am sure no one HAD 20% logic for 400 years.