Right now, barring a late-year crash, my portfolio is up 15% over the past year. I would say this year has been pretty good for me, considering that I did not have any losers and at worst broke even with some stocks. But since then, I have cleaned up my portfolio, trimmed some holdings and refreshed my perspective on investing. Here is how I am going to think about it in 2021.
Core-Satellite Portfolio
If you have been reading my recent articles, you will know that I adopt this strategy. In 2021, I hope to increase my core portfolio allocation to at least 60% and hover around the 60% to 70% range. The rest of my satellite portfolio will be split into different plays that I have conviction in. This will include alternative currencies (cryptocurrency), robo-advisors, as well as personal stock holdings.
Core Portfolio
Currently, I have 50% of my portfolio in a combination of CSPX (10%)...