Monday, January 4, 2021

2020 Stock Market Return

2020 has been a roller coaster to say the least.  The forecast could be absolutely brilliant on one day and utterly wrong the next.  The indices saw their historical high in February only to be matched by historical retreat in March.  The entire year return on stocks is 68.7%, overall 66%, which was actually lackluster when comparing with individual stocks.  The lower return in the portfolio, Netflix, had a higher return in 67% than my portfolio.  In fact out of 35 short term sales in the second half, only less than ten were good ones, all the rest being sold too early.  However it is still a good year in stock market return as compared with my goal of achieving 20% per annum, especially considering that holding those high flyers would have required at least twice the energy.  Could be better and should be better but I am grateful that out of such a difficult year I have increase the net worth.    

No comments: