Instead of monthly portfolio updates, I will be focusing on quarterly updates of my passive portfolio.
I have been blogging about my passive portfolio. You can find a detailed breakdown of it in this blog post.
Here's the performance for 2023 so far.
2023 Performance YTD
My Portfolio: 20.75%
Vanguard 500 Index: 7.46%
Performance since inception (Jan 2021)
My Portfolio: -13.66%
Vanguard 500 Index: 11.67%
(Based on an arbitrary starting amount of $10,000)
2023 has been a great year for my portfolio so far. Despite the constant interest rate hikes, the market has been doing relatively okay with the Vanguard 500 index returning 7.46% in Q1. Technology stocks are back in the green again with NASDAQ having a return of 17.67% YTD. This is what happens with higher beta stocks. When the market come crashing down in 2022, technology stocks are in free fall. With the market bouncing back in Q1, technology stocks outperform the general market in terms of returns. A double edged sword indeed. My...