CAN YOU BEAT MY PORTFOLIO?
Are you one of the rare individuals on ET who really net more than you lose. If so ,can you beat a passive portfolio on a long term basis?
Hello, Iâm Index Piker and this journal/ challenge stems from a thread I posted a couple weeks ago âthe sad truth about tradingâ asserting the following:
So here is my CHALLENGE.
1) How many of you traders can match or beat my portfolio* returns this calendar year and going forward?
2) If you can beat my portfolio this year ,how long can you keep that up?
3) Is your margin of outperformance worth all that time and effort?
*Hereâs the deal with my portfolio. I have a relatively passive portfolio of an aggressive nature, which consists of 2 accounts that I treat as one. One is a regular tax deferred IRA which consequently allows small cash contributions and the other is a self directed 401k profit sharing plan. I will disclose purchase, sale, deposit, gain , loss amounts and occasional performance information .
Good Luck
I hope to show that decent returns are indeed available(in excess of 15% annualized) with the following concepts in mind:
1) keep costs low, minimal activity
2) diversification to eliminate idiosyncratic security risk
3) correctly identifying your own risk level
4) control your emotions so as to enable you to stick with your plan(which should be written).
As a general note, evidently performance graphs are 1 day behind the close (Fridays performance graph is not available until Saturday.)
As you can see my net appreciation thus far this year is in excess of 90%.
I certainly don't expect this rate of gain to continue , nor do I expect all time periods to be positive. However I do expect to outperform 98%+ of ET posters without claims of (magical) skills.
Are you one of the rare individuals on ET who really net more than you lose. If so ,can you beat a passive portfolio on a long term basis?
Hello, Iâm Index Piker and this journal/ challenge stems from a thread I posted a couple weeks ago âthe sad truth about tradingâ asserting the following:
This fact appeared to cause considerable consternation among some ET members generating some rather vociferous disparagement and calls for proof concerning my personal portfolio.
So here is my CHALLENGE.
1) How many of you traders can match or beat my portfolio* returns this calendar year and going forward?
2) If you can beat my portfolio this year ,how long can you keep that up?
3) Is your margin of outperformance worth all that time and effort?
*Hereâs the deal with my portfolio. I have a relatively passive portfolio of an aggressive nature, which consists of 2 accounts that I treat as one. One is a regular tax deferred IRA which consequently allows small cash contributions and the other is a self directed 401k profit sharing plan. I will disclose purchase, sale, deposit, gain , loss amounts and occasional performance information .
Good Luck
I hope to show that decent returns are indeed available(in excess of 15% annualized) with the following concepts in mind:
1) keep costs low, minimal activity
2) diversification to eliminate idiosyncratic security risk
3) correctly identifying your own risk level
4) control your emotions so as to enable you to stick with your plan(which should be written).
As a general note, evidently performance graphs are 1 day behind the close (Fridays performance graph is not available until Saturday.)
PHP:
Profit sharing contribution
11/27/2007 $200
3/25/2009 $37,257
4/21/2009 $10,000
5/13/2009 $10,000
6/29/2009 $12,000
Sum $69,457
11/6/09 108,610.54 closing balance
Net gain $39,153 or 56.3%
PHP:
IRA
11/14/08deposit $343,220.81(transfer contribution)
Opening balance 1/1/09 $366,819
Closing balance 11/06/09 $737,198
Net gain since 1/1/09 $370,379 or 100.97%
Combined net gain 409,532 combined opening value 436,276 gain of 93.87%As you can see my net appreciation thus far this year is in excess of 90%.
I certainly don't expect this rate of gain to continue , nor do I expect all time periods to be positive. However I do expect to outperform 98%+ of ET posters without claims of (magical) skills.