The table below shows the week-on-week change of Terence Wong's portfolio.
He had started a hypothetical portfolio with $1 million in July 2010 (read: TERENCE WONG: 'What I would buy with $1 m') and it has since gained 47.1%
My model portfolio experienced an uninspiring week (May 23-27), falling 1.9%.
Stocks were either flat or in negative territory as small caps took a thumping with bad news from the Eurozone.
With the global economy seemingly fizzling, small caps typically bear the brunt. China Farm Equipment and newly-included Leader Environmental were the biggest casualties last week, slumping by 7.3% and 4.3% respectively.
I will still be sticking to my portfolio, which I believe will outperform when the market turns. So far this year, the portfolio is up a respectable 15.4%, versus declines of 1.7% for the STI and 12% for FSTS.
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