| YEAR | RETURN | CUMULATIVE RETURN |
|---|---|---|
| 2017 | +61.6% | +61.6% |
| 2018 | +55.9% | +152.0% |
| 2019 | +41.8% | +257.3% |
| 2020 | +245.6% | +1134.7% |
| 2021 | +27.7% | +1477.3% |
| 2022 | -71.4% | +350.5% |
| 2023 | +33.9% | +503.0% |
| 2024* | +87.3% | +1029.3% |
| CAGR** | +35.8% |
Portfolio updates include portfolio returns, portfolio allocations, allocation changes since the prior update, and the rationale for portfolio changes. Portfolio management and results tracking are also discussed.
Click here to read GauchoRico’s portfolio updates.
I started keeping better track of my portfolio’s returns at the beginning of 2017, and in early 2018, I began tracking the portfolio’s performance on a weekly basis by recording the portfolio’s return at the end of each week. In addition, I track the portfolio peaks and troughs. I have found that tracking results over an extended period provides a 10,000-foot view not visible in the context of a shorter timeframe. A concentrated growth portfolio, which is subject to high volatility, can suffer occasional large drops; seeing such drops in the context of a very long time period can provide a degree of comfort and confidence that helps enable me to stay the course without losing sleep. Since 2018, my portfolio experienced four drops of 35% or more; such drops can make one feel unsettled, and many investors can’t stomach such drops and, therefore, prefer a less concentrated, more diversified portfolio even if that means settling for lower long-run performance.
The opinions, thoughts, analyses, stock selections, portfolio allocations, and other content is freely shared by GauchoRico. This information should not be taken as recommendations or advice. GauchoRico does not make recommendations and does not offer financial advice. Each person/investor is responsible for making and owning their own decisions, financial and otherwise.