2022 Portfolio Mid Year In Review
Let's take a look under the hood and see how my portfolio has performed.
Please note that a common benchmark used in investing is the performance of the Standard and Poor ( S&P) 500 index. The S&P 500 in 2022 declined 13.30% or - 13.30% year to date (YTD). The NASDAQ Composite Index declined 28.87% or - 28.87% YTD.
Why am I sharing my own portfolio's performance with you?
In our society, I believe we don't talk about the concepts of money or investing enough. It's often considered a taboo topic. I frankly think that's a reason why many of us struggle with it.
I'm an amateur investor, who makes PLENTY of mistakes, who mismanages my own time and am learning alongside you.
I hope it will provide you with a layer of transparency that is utterly lacking in this area.
Investing is not always sunshine and rainbows, there are plenty of dark days, months, and even years. I believe it is what you do, or what you do not do, that has more of an impact in the long term.
I’ll see you all in six months for my 2022 Portfolio Year in Review. If you want to take a glimpse of how the portfolio faired in 2021, check it out here.
Your savings account pays you 0.5% but the inflation rate is 5%, so your real rate of return is -4.5%, and you're wondering why you can't get ahead?