2023 Yead End portfolio performance

[sam]

Dear all,

This is time of year where most people look back and see how well did they do. I did not see similar thread so I am starting a new one.

This year was nothing remarkable for me esp. when SPY is up 26.19%. I am at +12%  for year 2023 (any thing positive is good). To be fair I did beat SPY hands down last year.

Biggest mistake was I let few of Trades become investment and these investments became horrible loss. China and EEM were biggest drag for me. I should have stick to my investment process as it did serve very well in past. I let TALKING HEADS influence my investment process.

My go to fund for portfolio comparison is either VWELX or SGENX/SGIIX. Well will try to do best next year.

Any one else care to share and if you don't mind sharing biggest drags or hit or miss. Mistakes and what did you learn?

Happy New Year to All.

[rhythmmethod]

I had a fair TR of ~14%. More importantly, I doubled my yield to ~5% this year. This was due to some CEF purchases that were a TR drag and keeping some FI that was reinvested. However, cash flow was significantly improved.  This suits my lifestyle and goals.
Best wishes in '24~ RM

Edit to add - I withdrew ~2.5 so I guess my TR was ~16. That make ME feel better HAHA

[saratoga]

For 2023, my portfolio value has increased 21.5% and has just reached its record high of November(?) 21.  

(In 22, I did not do well due to some aggressive growth funds I held too long)

Counting inflation and some net flow into the portfolio, I still have some way to go to my record.
I increased my equity allocation this year and now it stands at 86%.
I need to consider reducing it somewhat.

The economy (inflation) and the stock market roughly conformed to my predictions on this forum.

I think I made those predictions well before people started talking about soft landing.

How did I know?
I did not; it was a judgement call.
Krugman NYT column also helped and supported me.

[uncleharley]

Based on my records at Fidelity my strategy of using leveraged index funds along with high yielding CEFs I was able to beat the S&P 500 with a total return of 29.8% for the year of 2023. The strategy seems to work in bull markets as well as bear markets.

[kent]

My Portfolio did 22% in 2023 not too bad.

[mnfish]

Investment results for 2023 was 20.6% before withdrawals. Withdrew 2.7% of ending balance.

[acksurf]

Disappointing year for me. I started '23 on the value side and went sideways for a while. I did make a pivot to a more growth oriented allocation and ended up 13.8%. Like RM above I focused on building a higher yielding portfolio - currently ~3.8% - which what got me into trouble earlier in the year. I'll probably leave it at this yield until I retire where I'll likely bump it up a bit more or maybe not depending upon what the portfolio is generating in income.

[johntaylor]

Roughly up 23 percent

[gman57]

+21.56% 55/35/10 stock/bond/cash