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2023 Q3 Portfolio Update: Hitting a speed bump
By Data Science Investor  •  October 1, 2023
After having a good return of 25% in H1, my portfolio hits a speed bump in Q3. 2023 Performance YTD My Portfolio: 19.19% Vanguard 500 Index: 12.95% Performance since inception (Jan 2021) My Portfolio: -11.5% Vanguard 500 Index: 18.64% (Based on an arbitrary starting amount of $10,000) Unfortunately, the momentum gained in H1 couldn't be continued in Q3. By the end of Q3, my portfolio's YTD returns had dropped from 25% to 19%. This drop of ~4% for my portfolio is quite similar to the performance of the S&P 500 index (which drops 3.7%). NASDAQ drops 4.1% and DJIA drops 2.7%. All three major indexes suffered the worst quarterly loss since last year's third quarter. All in all, my portfolio has very similar performance to the major indexes this quarter. Despite this quarterly loss, all the major indexes remain to be up for the year. The main reason for the drop in the indexes is relating to an expectation that inflation is going to be around for longer and also the Fed's hawkish stance towards the...
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By Data Science Investor
This is a site to publish my findings and research which are based on data science to aid you in your decision making process for investments in stocks and property, particularly in the Singapore market.
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