Again, it’s DIY Portfolio report time! As
usual, you can expect our next update in about 12 weeks.
You can have a look at previous portfolio updates
here:
Portfolio Update
November 2018
Portfolio Update
February 2019
Portfolio Update
November 2019
Portfolio Update
February 2020
Note that the last words of this report have been written on November 1st, before the US presidential election.
Despite all unprecedented events, our DIY Portfolio is still in the positive this year, which is surprising. Year-to-date capital return is around zero and are modest return essentially comes from dividends. Not that bad waiting for better days.It would be doing even better if it were not for the
last week of October where it abruptly went down by a little more than 4%. We can sense markets are getting nervous about
the upcoming US election. Contested results would probably cause the most
turbulence. That’s why today, we’ll try to reason not giving into fear, essential
for any successful investor.
After that, we’ll discuss our own portfolio management for the upcoming months and years. For now, let’s just say things are not getting simpler. We’ll conclude with our usual roundup of portfolio transactions. You’ll see we have been doing a little bit more lately.
Once more, I’ll remind you that I am not an investment or tax professional of any kind. The intent of this blog is not to give specific investing advice. Before investing yourself, we suggest you do all necessary research and consult a licensed financial professional if need be.
Resist Giving into Fear
With all that is happening in the world, you may be tempted to give into your fear and cash in all your investments. We have to confess that even us, as committed investors, are sometimes afraid and have our moments of doubt.
We still believe you have to resist and remain patient as efficient investing always has to be approached with a long-term perspective.