One-year Return for Stocks

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·@enforcer48·
0.000 HBD
One-year Return for Stocks
         It's almost tax season again! This year, I'm expecting some tax credits. We shall see if that's true. Right now, it's a matter of waiting for all the forms to arrive.

         Fidelity gave me a timetable for when the forms are ready. While they were at it, I glimpsed how my portfolio was doing. Last year I did liquidate part of my portfolio to purchase a different car. My old car finally gave up the ghost after eight years. It's a 2004 model, so I didn't feel too bad about it.

<center>https://i.imgur.com/kNQzmiK.png</center>

&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;I gave an approving nod for beating the S&P500 despite the low percentage of gains. However, inflation won out in the end. I decided to check out each stock's yearly performance.

<center>https://i.imgur.com/Jd1fFCl.png</center>
<center>https://i.imgur.com/6erLs0I.png</center>
<center>https://i.imgur.com/rRNnzlj.png</center>

&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Energy stocks were the winners last year. I'm sure the military-industrial complex did well too. The biggest losers in my portfolio were retail and tech. As you can see, the list of stocks leans heavily toward energy and healthcare with a sprinkle of other things.

&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;How did I only manage a +1.68% when so many of my picks had double-digit percentage gains? The short answer is the car I bought last fall. A used car is still not cheap in the States. I purposely liquidated more than I needed to account for taxes and legal fees (that's another story). So, maybe my portfolio beat inflation last year, but I needed the money. I wasn't going to use the money I set aside for buying the crypto bottom.

&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;There's no secret here besides dollar-cost averaging weekly. A friend and I helped build the initial picks through some research. After that, I made modifications as needed. Usually, positions are closed due to mergers, or the stock is taken off the public listing. Diversification, in this case, worked out for me.

&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Some may ask, why do you still dabble in stocks? I believe tokenization will happen one day, and existing equities probably won't disappear without the companies also crashing and burning. Being diversified across different asset classes feels safer to me.

&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Of course, none of this is financial advice. Find out what works for you.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@enforcer48/one-year-return-for-stocks)
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