Short summary of investment portfolio:
- YTD -27.01% (SPY: - 18.14%)
- Rolling ROI: 4.37% *
- Oct to Dec: Averaged down on more BTC at $14.5K
- Cut Pltr just because every cent is worth scrimping to focus on more conviction stuff
- Initiated Position for $DTH, since i wont know how long this environment will last, it may be a better ETF to hold if the high interest rates last for over 2-3 years
Action Plan for Short Term (6 Months) , Medium (<2years), Long (5years or more)
Short term:
- Adopt wait and see stance
- Minimum DCA on BTC if breaks ATL
- Slowly layer DTH until 4%
- watch out for FED actions
- Buff up cash reserves
Medium term:
- Set aside $50,000 next year , reach goal $60,000 separate from investment
Long Term:
- Entry $TSLA @$100/ 80 but reminder to look out for fundamental / PE/ FCF / etc. % Portfolio long term no > 20%
- BTC DCA monthly as hedge
An uneventful year in terms of investment returns, technically if I exclude crypto from my investment portfolio I would be -13.06% which beats SPY - 18.14% by about 5% .... but it still sucks and it just an excuse for not performing. My allocation strategy seem to work the way I intended to, minus the wrong bets for being itchy hands.. there wasnt any severe mistakes.
Many people recommended selling earlier in year just to buy back later.. but as I historically sucked at timing markets I just avoided it and reduced by purchases (increased cash) time will tell if I did it right this time.
From what I see, if rates continue and maintain at reasonable levels, value investing would make a comeback of sorts. Meanwhile Tesla is becoming value in its own way... lol.
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