2014: My So-so Year

Honestly, I sucked. My main investment accounts grew 3.2%. Shame on me. accounts did a little better, in line with S&P 500. And fixed 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.

 

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