M1 portfolio11/27/2023 While there’s certain sectors that are down 30-50%, sectors related to technology are thriving and that’s what this portfolio has in spades. However, the performance of portfolios such as this one are one of the reasons that the S&P isn’t tanking. It’s still crazy to me that the market is actually up y/y given what’s going on around us. If one could stomach the volatility in March, this portfolio has had excellent Y/Y performance as shown here.Ī one year return of 35.5% is pretty damn good considering that the S&P 500 is up ~7% in that time frame. However, as I kept buying during the market crash and accelerated my purchases away from my other portfolio, I benefited from the excellent returns that these stocks have had since then. The portfolio did show the volatility that comes with growth stocks during the market turmoil in March as it felt over 30% right along the market. That included around $8,500 in contributions and a decent amount of overall growth. As such, the total in this portfolio grew from just north of $6,000 in May of last year to over $18,000 this month. I started this portfolio at the start of 2019 but really started putting more money into it in the past year. Overall, there’s a big slant towards tech over anything else and that’s quite the departure from the other dividend growth portfolio which focuses on more mature companies and avoids tech almost entirely. However, there’s also some mature industries like aerospace technology and sin stocks represented in there. There’s certainly a focus on growth companies with the top 3 slices including a lot of those. You can see those industries and their allocations here. This generally means there’s a lot of growth stocks in this portfolio but it also includes some industries that aren’t necessarily strong growers but are in an industry I just want to have exposure to at the moment. The other portfolio is focused on certain industries, most of which I think have good revenue growth potential. However, this recent market turmoil has really hit some industries represented here hard so it’ll be interesting to see how these companies weather the storm. These stocks have paid and raised dividends for 25 years straight and have beaten the S&P 500 in an extended time frame. This is simple focused investing based on a group of stocks that have historically done well and share certain characteristics. In essence, this is a simple strategy that avoids stock picking by simply investing in all of the S&P 500 dividend aristocrats equally. One is based on dividend growth and another is based on focusing on certain industries that I think have good potential for revenue growth. Within my M1 finance account, I have two portfolios. I plan to do these portfolio updates quarterly or so to see how things are holding up and how these portfolios grow or shrink. As such, I’d like to track and document how two different strategies perform through these times. However, I don’t think this is the end of market volatility in the near term. It would have been more interesting to have this running through the market crash and subsequent recovery. With all the turbulence in the market these days, I thought it’d be interesting to see how my two M1 Finance portfolios have fared.
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