“Here’s how much you would have made in Amazon if you had invested $1000 ten years ago.” We often see such cheesy headlines in the financial press. So indulge me when I say this: It took 24 years for my first Amazon share purchase to become 50x its original cost. Unlike … [Read more...] about Amazon is now a 50-bagger for me
MyPortfolio
Year-end 2023 portfolio performance
What a difference a year makes! When I did my portfolio review for 2022, I was down by about a third in just one year, 12% worse performance than the S&P 500 index. Back then, I wrote that I lean toward an improving stock market in the following 12- to 24- months. Here we are … [Read more...] about Year-end 2023 portfolio performance
How can it be a bull market?
As I work on putting together my portfolio’s end-of-year performance review, I thought I’d drop a brief note on the state of the markets today. As of January 24th, the stock market has fully recovered from its 2022-23 drawdown (if we go by the S&P 500 price index). … [Read more...] about How can it be a bull market?
Not much going on
There is not much to do in investing these days. In fact, this whole year, I didn’t have many investing transactions. It has been that kind of year for me. One major reason why I didn’t have many stock buys this year is because I buy when the market is going down, not when it … [Read more...] about Not much going on
On my portfolio concentration
The S&P 500 is a popular index among US investors who prefer hands-off dollar cost averaging way to invest in stocks. It is a market cap weighted index which is perhaps the most suitable form of an index for passive investing. Why? Because it does not require any rebalancing … [Read more...] about On my portfolio concentration