2014: My So-so Year
Honestly, I sucked. My main investment accounts grew 3.2%. Shame on me. Retirement accounts did a little better, in line with S&P 500. And fixed income account had a stellar year: almost 20%.
Lessons learned:
First lesson: Don't chase performance. Ever. I had pretty good 2013, and thought what worked then would work in 2014. Wrong! I bought a lot of stuff in the beginning of the year, which didn't perform.
Second lesson: Think twice or more, before buying any transports. I bought Diana Containerships (DCIX) in 2013, it was one of my worst investments.
Third lesson: Take at least some profit when you have it. True, I traded around Polaris (PII), but possibilities were endless and I didn't use most of them.
Last but not least: My European investment didn't work. I think they still deserve a chance.
Full disclosure: I have a long position in PII, no positions in DCIX and long positions in several European stocks.
More details? What were your European investments? I am trying to be more global in my portfolio.
Current European positions:
ARMH, EADSY, HSBC, LRLCY, NSRGY (retirement account only), SAN
Usual disclaimer: I don't recommend anything, just communicating what I do.