✅  RRSP: 10.63%

✅  TFSA: 9.75%

✅ Non-Registered Funds: 8.89%

❌ Stock Options -4.23%

✅ Bitcoin: 162%

✅  Fine Art: 7.6%

✅  Fine Wine: 7.4%

✅  Fine Whiskey 25.3%

👉 Real Estate: 0%

Here's a breakdown of my portfolio since 2021 (3 years) if you’ve been following along:

2021

Non Registered: 21.58%

TFSA 16.03%

RRSP: 19.38%

S&P 500: 26.89%

At first glance, you may notice that my portfolio lagged and underperformed the benchmark (S & P 500), and yes it did.

2022

Non Registered: -4.39%

TFSA -12.76%

RRSP: -0.71%

S&P 500: -19.48%

Rough year across the board in 2022 as all my traditional investments lost money (unrealized). However, they lost less than the benchmark. Which meant that I outperformed the market.

2023

Non Registered: 8.89%

TFSA 9.75%

RRSP: 10.63%

S&P 500: 24.46%

At the time of writing, this year has been a banger of a year for the benchmark and my investments have appreciated but not at the same rate as the market.

Now after those 3 years, assuming that I started with $100 in each vehicle, how much would I have in each one after those three years?

Total return after 3 years

Non-Registered: $126.58

TFSA: $111.09

RRSP: $131.13

S&P 500: $127.16

Despite underperforming the market in 2021 and 2023 (in terms of gains), the non-registered and RRSP funds outperformed the market in 2022 (in terms of a smaller loss), leading to a slight outperformance after three years with my RRSP and net neutral with the non -registered vehicle. As for my TFSA, I will need to reconsider my allocation as it's lagged.

Take home point: Don't let the sexy gains skew your thought process, protect your capital on the downside, as losses affect your returns more than your gains do.