Portfolio review: April 2021

Recently we passed the anniversary of the first lockdown. It’s hard to fathom that we have spent more than a year largely in social isolation. I’m glad that restrictions are finally starting to be lifted and hopeful that some semblance of normal life may resume soon. It’s a good feeling to start putting more social plans in the calendar even if the possibility of international travel to see family still seems remote. The past few months have been tough. The prospect of commuting to the office and sitting in ‘real life’ meetings has never seemed so appealing.

My portfolio hasn’t made much headway over the past few weeks but I’m pleased not to have suffered too much of the drawdown that afflicted more racy growth stocks. Overall I’m happy with my return of 8.2% YTD.

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Portfolio review: January 2021

Well I’m glad to see the back of 2020, a year in which the world truly went to shit. Given the catastrophic hit to GDP, it’s surprising that 2020 turned out to be a very decent year for investors who managed to keep a level head. My overall return for 2020 came in at 34.1%, exceeding my long term average. All in all I’m happy with this result, but I was a bit lucky to be honest.

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Portfolio review: October 2020

Three-quarters of the way through the year and the crash we had is already starting to feel like ancient history, given how rapidly the stock market has rebounded since then. On the other hand every day life is sadly still far from back to normal. My portfolio has continued to make good progress over the last three months and I’m pleased with performance of 24% YTD.

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Portfolio review: July 2020

We are just halfway through 2020, but it already feels more eventful than the past few years combined. I’ve had to restrain myself from overusing the word ‘unprecedented’, apt as it is for describing many of this years events. Despite the fastest stock market crash in history and a cack-handed attempt at market timing, my performance so far this year has actual turned out OK at around 13% YTD.

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Portfolio review: April 2020

I, like many investors, am glad to be seeing the back of that quarter. The Coronavirus has caused a rapid crash over the last month in most stock markets across the world. This has left the FTSE 100 down 27.9% and the S&P 500 down 22.9% over the last three months. My portfolio hasn’t fared a great deal better at 18.4% down. It doesn’t look like we are quite out of the woods yet.

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Portfolio review: January 2020

The much hoped-for Santa Rally did indeed materialise, to round off a decent final quarter of a decent 2019. This is especially welcome following a difficult 2018 for equities. I’m fairly happy with my portfolio’s performance of 33.5%, though this has been achieved in the context of strong performances from the market as a whole. The FTSE 100 was up 12.1%, the FTSE 250 up 24%, the S&P 500 up 32% and the Stoxx Europe 600 is up 23%.

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Portfolio review: July 2019

It was inevitable that equity markets would lose some steam after the spectacular bounce in the first quarter. The second quarter has been more volatile as the conflicting narratives of impending recession and indefinitely continuing low interest rates play out, though overall the markets have continued to make progress. After a fantastic April, my portfolio has been slowly and steadily inching forward over the last couple of months. Continue reading

Portfolio review: April 2019

The last three months have seen a fairly spectacular bounce in many stock markets across the world. After the US markets had their worst year since 2008, they’ve now had the best first quarter since 1998. The S&P 500 is up almost 15% so far this year. The UK markets are not doing quite so well but have still seen a pretty decent bounce. My portfolio has had a fairly satisfying bounce along with everything else, benefiting significantly from its exposure to US Tech but being held back a bit by ‘air pockets’ in some of its smaller AIM investments. Continue reading

Portfolio review: January 2019

2018 was a tough year for many investors, including me. I’m disappointed that my portfolio is down 4% for the year. While this is somewhat better than the wider stock market, it is a weaker performance relative to my benchmarks than I have achieved for the past few years. This leaves me looking for lessons to learn from and questioning whether there is anything about my strategy I should adjust.
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