$Soup Holdings(5KI.SI)$[Chronics of a "fund manager"] Month of September. 6 more months for soup to release Year 26 results. Let's help James take stock his portfolio!
James invested a total of $450k of his retirement money into mainly stock (2/3) and gold (1/3). His cash is about $20k, which is shrinking fast (used for daily expenses etc).
His expectations : Portfolio to grow from $450k to $1 million in ten years😂
In reality: [Soup 5 million shares] Market demand is about half a million shares, prices ranges 4 cents to 15 cents (Avg
500 x 3 cents = $15k!🙀
remaining 4.5 million shares, no buyers = zero😆
[Gold 600g] Market price according to UOB buy back. $175/g.
600 x 175 =$105 (lost, his avg is $186/g😆)
Total worth now = $105k + $15k + $20k =$140k!🤭🤭🤭
That's only a decrease of 66%. <--- Song Bo James🤭🤭🤭
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