Philstockworld January Portfolio Evaluation

Image result for one million dollars animated gif$1,609,027! 

Our mixed portfolios are up over $1M (166%) in simply over a yr and the very best factor is our Lengthy-Time period Portfolio (LTP) is again to about 50% CASH!!! – and you recognize I like my CASH!!!  Actually, we solely made a few changes however let’s please take into account what occurred to the 21 remaining positions since our Dec 16th review, the place I mentioned:  

We’ve got 33% much less positions, so it is simpler to regulate if we do have a correction and we’ve 33% much less longs for our Brief-Time period Portfolio to guard – decreasing our insurance coverage prices as properly.  These are the “penalties” we have suffered from “lacking out” on a improbable rally.  Definitely it has been much more enjoyable and I intention to maintain it that means into the New Yr – simply in case.  

So subsequent time you are feeling compelled to commerce attributable to a Concern of Lacking Out (FOMO) – bear in mind – lacking out on what?  We already made FANTASTIC returns for the yr – why danger it simply to make a tiny bit extra?  

Did we miss out by chopping our positions?  No!  A month later the EXACT similar positions are at $1,513,928 – gaining $113,643 (8.1%) in 27 days – and that is from a half CASH!!! place!  Individuals say why do not we do plenty of new trades and I preserve saying what trades might probably be higher than those we have already got?  These are the remaining positions that ran the gauntlet of 2020 and had been the very best of the very best of a portfolio that is now up 202.8% in 14 months.  Making good points like this with conservative performs in a toppy market is as a lot as we might ever hope for at this stage of the rally.

And that is not together with the $300,000 we took off the desk once we closed down our previous Brief-Time period Portfolio (STP) and our new STP is down 52.8% however, happily, that is “solely” down $105,555 in opposition to the $1,013,928 gained within the LTP it’s sworn to guard.  We did our STP review yesterday and decided we’ve $293,000 of draw back safety in opposition to a 20% market drop and we’ll have to think twice as we glance over our LTP as as to whether we really feel that is ample to journey out a possible dip in fashion?

 

IN PROGRESS

 

 

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