Weekly updates
Highlight of the week
It’s probably the worst year for Intel. After being ditched by Apple, another long-term partner of Intel’s - Microsoft is planning to develop their own chips, according to Bloomberg. Check it out here.
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Time flies!
It feels like yesterday when we were all asked to work from home back in March and now Christmas is just around the corner.
First of all, I’d like to thank you, my friends, for staying with me throughout the year to learn, improve and practice investment together.
Second, let’s give ourselves a round of applause 👏👏👏 for being healthy and one step closer to being wealthy! We will do better in 2021 for sure.
At last, just a few words for myself and those who have been supporting me- Persistence pays off. I’m proud of myself for not missing one weekly post for 40 weeks straight. 🎉🎉🎉
Heads-up- I will slowly expand the project from general investment knowledge to more in-depth analysis sharing or even producing content in various forms in the upcoming year. Tune in for updates. For that, I’d really love to hear from you- what you want me to cover for investment?🙏 Click the link below for comments.
This week the newsletter is gonna be the last piece of the year and I will dedicate it to a summary of my portfolio as a wrap-up of the 2020 investment result.
Since the last update, I basically didn’t adjust the structure of my holdings. It’s still composed of 1) a permanent portfolio: 4 ETFs and some cash; 2) 100% equity ETFs; 3) 100% stocks.
Permanent portfolio
This portfolio is built with 4 ETFs- 2 stock ETFs (25% tracking S&P 500 and MSCI SRI Europe), 1 bond ETF (25%, tracking Euro government 15-30 yr bond), 1 gold ETF (25%) and cash (25%).
As of now, I haven’t rebalanced my portfolio and the bond ETF is weighing the highest in the portfolio. Gold price hasn’t been performing well, so the Gold ETF is still losing money. The equity ETFs didn’t have much change because of the volatility in the market. But in general, the 1 year holding period return for this portfolio reached 5%, basically realising its function as a safe net. As there’s only subtle change in the weights, I’m not planning to rebalance it.
100% equity ETFs
It’s composed of 2 ETFs that are relatively more volatile than in the permanent portfolio- one tracking the NASDAQ 100 index (80%) and another tracking MSCI China (20%).
These two, indeed, have been very volatile. But the 1 year holding period return still reached
8%. I basically didn’t do anything but kept buying in every month, so can’t complain.
Next year, I’m planning to increase my exposure to the Chinese market by increasing the weight of the MSCI China ETF or adding another component. The tech ETF will probably be replaced by another industrial ETF.
Individual stocks
At the moment, I have positions in 6 stocks from industries of e-commerce, tech, EV, SaaS and semiconductors- very heavy on tech after selling the banking and the aviation stock. It’s giving me an average return of 50%, but I invested way too much time to keep track of them to avoid losing money. Next year, I’m planning to increase the positions by adding a few more stocks from other industries. This stock portfolio accounts for < 50% of my savings.
So yea, that’s it for this year, not too bad for my investment and look forward very much to the more bumpy road ahead in 2021.
Hope you can still be there with me. Please let me know your precious suggestions/comments on what you want to read more by clicking 👇.
🎄🎄Wish you and your loved ones a Merry Christmas and Happy New Year! 🎄🎄
✨✨See you soon next year!✨✨