Looking back in the last one year . The Return for this year seems impressive actually is not really as last year we suffer a lost of 6.9%. We need to chase back 10% this year in order to breakeven .
As such CAGR is about 13.89% P.A for the last 7 years.
I aim to have alpha of about 4-6% min per year. Best guess market is entering the third phase of the bull Market or the matured Bull. the last phase is the euphoric bull.
Such good result should not be expected yearly.
