Currently my aim is to earn 2 million dollars by the time I hit 40 years old. Seems crazy doesn't it. But I'm gonna try. After working out the math, I would need to earn close to 25% on my initial investment, year-on-year for the next 17 years. And judging by how bearish the market looks at this point in time, its gonna be a rocky start to this new year.
Moving into the new year, I am invested into three different sectors. The Water Treatment industry, the Semiconductor industry, and the Oil & Gas Industry. My portfolio make-up is shown below:
Return on UEL: 16.44%
Total Cumulative Return on Portfolio 2014: 11.75%
For those interested in why I was/am invested in UEL:
The Water Treatment Industry (WT) in China is huge. China is home to huge network of rivers and inland water bodies, including two of the most notable rivers in the world: the Yangtze River, and the Yellow River. With this knowledge, one would think that water would not be China's biggest problem. However, thanks to deep-set practices that aggravate water pollution, along with the booming industries generating huge amounts of wastewater, China's government needs to do something about it. And they are.
Based on China's 12th Five-Year Plan (2011-2015), the Chinese government has increased the total projected investment into water treatment to RMB 430 billion. That works out to 17% more than the 11th FYP. Because of this, WT companies in China are projected to flourish in the wake of this wave of investments. UEL is a leading company in the WT Industry, and is and has been doing increasingly well over the past few quarters/years because of this strong demand for water treatment. I'll keep it short for now, but you can find more information in the links below.
Do read this article for more background information on China's WT industry. Article Here.
For more information about UELs financial health, Click Here.
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