Here's an update on the portfolio's performance.
YTD Performance
Passive Portfolio: +5.62%
Vanguard 500 Index: +21.47%
(Source: Portfolio Visualizer)
The massacre in China market continues in the month of August and results in a drag on my portfolio's performance in the month of August. Globally wise, the rest of the markets are still in pretty good shapes- especially the US market. This year is turning out to be especially exceptional for the US market as the Vanguard 500 index already records a +21% growth YTD. If this trend continues, I won't be surprised if we have +25% growth by end of the year.
Historically, the month of September hasn't always been a good month for the US market so let's see if this phenomenal growth in the US market finally sees a dent in September. While the intention of creating this passive portfolio is to beat the US market, I will think that a longer duration will likely be needed. So for readers who are following this blog, you will likely not see this portfolio outperforming the US market by this year but I will think that we should be seeing higher figures than +5% by end of the year barring any catastrophic drop in the equities market.
(Source: Portfolio Visualizer)
The monthly breakdown further shows that this year has been especially good for the US market so far with no loss period except for the month of January. From February onwards, the US market has been on an absolute tear. Not too much movement is seen in my portfolio in the month of August as the gains in other components of my portfolio has been negated by the continued drop in the China market (which now seems to be having some form of recovery).
Besides the passive portfolio, I am also working on an actively managed portfolio. You may read more about it here. It is still a work in progress for now as I fine tune some parameters as I allow it to run for a longer course. If you are interested to know more about it and its' performance, do check out my Patreon page
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