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2020 in review: Total return across all accounts for 2020 was +19.8%. It is much better than I dare have hoped for in March although my route to my YTD return clearly took a very different path from most. 1/n
I was up slightly on the year as of close on Feb 25th a memorable date since I was at that point >80% in cash
and US Tres. At the March lows I had my maximum draw down for the year of -6.6%. So should have been set fair to do well... 2/n
and US Tres. At the March lows I had my maximum draw down for the year of -6.6%. So should have been set fair to do well... 2/n
Unfortunately in March I got sick and was only spending minimal time on investing. A slow recovery (in a very unwell & bearish frame of mind) and 3 months passed with almost no activity. 3/n
A slow drip back into the market initially in US tech stocks saw me get some positive traction. $TWLO biggest winner of 2020. A greater UK focus in Q4 sees me up 19% at between 30-50% invested. But still almost 40% cash. 4/n
Best summary of 2020 was Jerry Parker in a recent podcast. We were saved by central banks (in late March). Trend Followers like him would have been OK anyway whether FED saved the day or not. Stock index people survived and avoided catastrophe (but might not have) 5/n
2020 has been most memorable for all the wrong reasons. However, #LUFC promotion and performance so far in premier league is a notable bright spot. As is a vaccine (the scientists involved deserve great praise). 6/n
Lesson for the year? Give thanks for the simple things in life, you miss them when they are gone. Wishing everyone a happier and healthier 2021. And good luck with your investments. 7/7
