Equity Portfolio Breakdown
% Value: Value as % of my portfolio
% Cost: Cost as a % of my total cost invested into equities
This table simply visualises the divergence between my investment thesis and the current market expectations of the company. No hard rule on % cost allocation for stocks yet, nor a threshold where I will trim them.
Equity Portfolio Performance
Historical Portfolio Returns (top); Cumulative Portfolio Returns (bottom) - Since new brokerage.
Monthly Portfolio Returns
CAGR Performance
Note: CAGR for my portfolio is calculated as:
(market value of portfolio including cash / total cost) - 1
The CAGR returns are compared in the above table instead.
Crypto Portfolio Performance
* Charts start from end of November 2020 when I started recording my crypto portfolio. Summarizing:
2020 performance: 2.7x-ed my portfolio
2021 performance: 5.5x-ed my 2020 portfolio
Lifetime performance: 6.08x my cost
Lifetime result:
- Achieved 1.66x of BTC performance (6.08/3.66)
- Achieved 0.48x of ETH performance (6.08/1.44)
Net worth growth
If there’s only one metric that you can apply to your financial life, I believe that would be net worth. If you’re investing, perhaps under 5% of your gross income for investments, it’s a little hard (compounding considered) to eventually make a dent in your net worth.
To read this chart:
I’ve received ~22.6x my Jul 2019 net worth, in terms of income / bonus.
I’ve made my money work, and my net worth now is ~18x my Jul 2019 net worth.
I’ve accumulated savings of 7.6x my Jul 2019 net worth.
Red line is an extreme example; Anywhere between grey and red is acceptable, since you’re supposed to compound your savings, and not your income (i.e. you don’t spend anything). Onwards and upwards!
Thank you for reading my monthly journal of my portfolio. I keep it very real and authentic because nobody can buy the bottom and sell the top. Life is full of mistakes and writing this helps me identify what went wrong and how I can improve. Besides investment I also talk about my life (also a journey) as I live through it.
Catch the monthly update of my personal and investing life by subscribing below.
Portfolio Commentary (Stocks)
While last month I was away for an overseas trip, this month I found myself extra busy with wedding matters, with my big day coming up near the end of the month. So yes, this time around, it’ll be another short article.
I don’t have a read of the market, but I do know patience and long-termism is well rewarded, now and into the future. No real use worrying about whether inflation will pick up, given that markets are usually forward looking. By that I mean, the market would have already anticipated that inflation would die down (thus lesser need for rate hikes) and position accordingly.
Given my limited attention on the markets, just a simple quarterly check-in with your portfolio companies will do wonders to your CAGR, assuming you’re continuously verifying the theses of these companies. I’ve been doing for over a year now for most of my companies, and will continue to do so in as and when I can.
I’ll continue to share them here, but it’s important that you (if you’re interested in stock-picking) form your own opinion on companies first, before corroborating your view with other investors (who may or may not be smarter than you). This is VERY important when your company craters 15% or more on a somewhat decent quarter, and the reason for that drop was the not-so-decent forward guidance.
Anyway, I’ll try to add exposure slowly into markets, and I remain hopeful that the worst is mostly behind us - greener pastures are coming, if we just bullieve~
DCA Strategy
Endowus
Tiger (Uranium ETF)
Mining
Crypto Portfolio Holdings
Due to me being away half the month, my crypto portfolio breakdown will have to do for this month’s crypto section. Nothing much has changed: Take profits, stack more sats, and see you guys on the other side.
Conclusion
Once again, thank you, to each and everyone of you, that bothered to read / skim / scroll through the entire article. The flow for the article was quite abrupt but that was because I didn’t have time to frame my thoughts into meaningful prose.
One can expect the format of this article to return to scheduled programming next month, so do keep a lookout for that as well :) See you next month!
Cheers,
Joey