December Update

Estimated reading time: 3 minutes

It's been a great month with lots of changes. Let's get into it.

Portfolio Performance

This last month was a doozy. We didn't beat the market, but we did very well regardless at 8.30% in this month alone.

MTD % QTD % YTD % 1 Year % Since Inception %
S&P 500 9.13 7.47 21.52 14.73 4.54
Portfolio 8.30 8.39 40.80 32.42 18.19
Results are annualized. Performance data is indicative and should not be considered as advice. S&P500 includes dividends reinvested. Inception date: 2022-04-18.

I think it's important to note here that the market roaring up over 9% in a month isn't a bad thing. I'd rather the market go up significantly for a month then slightly underperform rather than the market makes zero gains then beat the market by a couple percent.

Imagine two scenarios:

  1. You get $1,000,000 and a person you dislike gets $1,001,000.
  2. You get $100 dollars and the person you dislike gets $50.

This month was option 1. We technically "lost" but did we really?

I believe the portfolio is set up nicely to offer downside protection and upside potential, especially when we have roughly 15 percent cash.

It was a close race the entire month:

But we are still (quite a bit) since inception:

The market has a return of ~8% while we are now in the 32% range.

Current Portfolio

Here is the portfolio as of market close on 2023-12-04 (click to expand):

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Disclaimer: This content has been prepared with the utmost care and reflects my current understanding of the subject matter. While I strive for accuracy and thoroughness, the information provided is for general informational purposes only and should not be considered as professional advice. Please read the full disclaimer for more information. You can access it by clicking HERE.

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