2022 Portfolio Year In Review
WELL THAT WAS AN INTERESTING YEAR TO SAY THE LEAST. PHEW.
In an effort to maintain my transparency, 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 19.48% or - 19.48% year to date (YTD). The NASDAQ Composite Index declined 33.7% or - 33.7% 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. If you don’t talk about it, how are you ever supposed to learn?
I'm an amateur investor, who makes PLENTY of mistakes, and 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 2023 Portfolio Year in Review. If you want to take a glimpse of how the portfolio faired in 2021, check it out here, and how it compares to 2022 Mid Year, ciick here.
❌ RRSP -0.71%
❌TFSA -12.76%
❌ Non-Registered Funds -4.39%
✅ Stock Options + 4.8%
❌Crypto: -37.8%
✅Fine Art: +6
✅ Fine Wine: +5.83%
❌ Real Estate: -5 %
When the U.S. dollar strengthens against other currencies, its effects reach portfolios across the globe. For Canadians, this could mean changes in the value of U.S. stocks within a portfolio, while American investors may see impacts on global purchasing power and the performance of multinational companies.