I outperformed the S&P index. Or did I?
From 1st January to 30th March, my networth dropped by SG$27,000.
On first inspection, that seems like a small decrease. The S&P500 index dropped 20% from 3250 to 2580 over the same time period. My portfolio looks it dropped less than 10%. Hooray! I outperformed the S&P500!
Before you get all excited and think that you’ve discovered an investing...February and March 2020 were really spectacular months if you were invested in the stock market. Investors stormed for the exits as COVID19 ravaged societies around the world. To add fuel to the fire, OPEC and Russia decided to unleash a full blown price war in the oil market.
Naturally, my portfolio took a hit as well. Here’s how it looks like graphically.
I outperformed the S&P index. Or did I?
From 1st January to 30th March, my networth dropped by SG$27,000.
On first inspection, that seems like a small decrease. The S&P500 index dropped 20% from 3250 to 2580 over the same time period. My portfolio looks it dropped less than 10%. Hooray! I outperformed the S&P500!
Before you get all excited and think that you’ve discovered an investing...
I outperformed the S&P index. Or did I?
From 1st January to 30th March, my networth dropped by SG$27,000.
On first inspection, that seems like a small decrease. The S&P500 index dropped 20% from 3250 to 2580 over the same time period. My portfolio looks it dropped less than 10%. Hooray! I outperformed the S&P500!
Before you get all excited and think that you’ve discovered an investing...
