Amazon Affiliate Links

Saturday, 30 January 2021

End of JAN 2021 "12% solution" portfolio changes

For the end of January the emailed trading signal was to invest 60% in IWM (iShares Russell 200 ETF (All Sessions)) and 40% in JNK. As this was the same asset allocation as last month I don't need to do any trades again this month, which will help reduce trading costs. This month my cash balance appears to have reduced by $50 due to an admin fee (quarterly?).

My current account balance is $11,352.16 which represents a cumulative return of 8.44% since AUG 2020 when I commenced this portfolio.

Due to timing differences and fees (and the inclusion of a small holding in ASIA ETF that I had in my IG trading account before adding the "12% portfolio" investments) my portfolio performance won't track exactly against the standard "12% solution" portfolio. According to the monthly newsletter, the 2020 performance for this model was +40.6% and for 2021 YTD performance is +2.7%.

As I funded this portfolio using my St George Portfolio Loan, my target performance over the long term (10+ years) is for the returns (after admin fees and trading costs) to exceed the interest paid (after factoring tax credit) on the Portfolio Loan.

Subscribe to Enough Wealth. Copyright 2006-2021

No comments: