Hey everyone, many major events/milestones occurred recently and I’ve not posted at all because of that. Things are finally settling down and I’m back!
Portfolio Update – First Recession!I’ve always believed that if you invest in the equity markets for long enough, it’s virtually a statistical guarantee that there will be a 50% draw down on your equity portfolio. Since I’m a long term investor, I will expect my portfolio to have a drop of this magnitude a few times in my investing lifetime.
Having said that, this is how my portfolio’s been doing:
As at 08/05/2020, using stocks.cafe(WARNING: referral link, you get 2 free months to test out all the features, I get a referral fee at no additional cost to you if you decide to continue)
Peak-to-through was a ~40% drop in ~2 months, not quite a 50% drop, but we’ll see. It may fall
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