I'll try to be as objective as possible and assume that the figures in your dashboard are correct:
Since 01.01.2019, a 60% Stocks 40% Bond portfolio has made a return of 56%.
https://portfolioslab.com/portfolio/stocks-bonds-60-40
2023 was the worst year ever for this portfolio. (because of the bond crash)
Your portfolio in the same time 17%... so you were beaten by one of the worst performing standard portfolios by a factor of 3...
If individual stocks are a hobby then go ahead, if you want to build wealth with them then please buy broad market ETFs.
This is meant to be objective criticism, please don't take it personally.
Since 01.01.2019, a 60% Stocks 40% Bond portfolio has made a return of 56%.
https://portfolioslab.com/portfolio/stocks-bonds-60-40
2023 was the worst year ever for this portfolio. (because of the bond crash)
Your portfolio in the same time 17%... so you were beaten by one of the worst performing standard portfolios by a factor of 3...
If individual stocks are a hobby then go ahead, if you want to build wealth with them then please buy broad market ETFs.
This is meant to be objective criticism, please don't take it personally.
•
11
•
8Mo
@PowerWordChill Hi, the 17% is not objective for my performance. The TTWR is 57 percent since Oct 2018. I also invest a lot
•
11
•8Mo
@PowerWordChill Assuming my portfolio stands at 10k with 100 percent profit, then I invest another 10 k, the portfolio will only have 25 percent profit. It is simply distorted downwards
•
11
•
@PowerWordChill you have a mistake in your thinking, the performance changes when you put in new money...
••
@mhu OK, you're right that the new deposits drag down the relative return.
If we assume that you have generated a return of 57% on the capital invested, then your portfolio has performed roughly the same as the 60/40 portfolio, but with massively higher risk.
If we assume that you have generated a return of 57% on the capital invested, then your portfolio has performed roughly the same as the 60/40 portfolio, but with massively higher risk.
•
11
•8Mo
@PowerWordChill well, you should also note that the stock markets corrected significantly from oct 18 to dec 18. But yes, I don't want to make it look better than it is. I didn't achieve a big outperformance in the 5 years. Another reason why I invest 80 percent of my new money in ETFs
•
22
•
@PowerWordChill but still arrived safely and, as we all know, the journey is the reward 🤷♂️
••
@SAUgut77 So my goal is to stop working full-time at some point. And the goal is the goal. Of course, I like to take things with me on the way 😉
•
22
•@PowerWordChill and many roads lead to Rome...if that was the goal 🫠
••