Friday, 1 January 2021

2020 review

My portfolio returned 8.3% over the course of 2020 in sterling terms, or about 10% in NOK.  At the start of the year I held Berkshire Hathway, Plus 500 and Natwest Prefs.  I didn't sell anything, but bought Aviva Prefs and Barclays in the summer and then late in the year iShares Emerging Markets Dividend ETF (SEDY).

Plus 500 are the standout performer with a 67% return, Barclays are up 32% on the price I paid.  BRK-B and SEDY are the laggards, each down about 1%.

In comparison the FTSE 100 lost about 11% and the S&P 500 gained about 14%, both factoring in dividends and converting the S&P 500 return from dollars to sterling.

Obviously that doesn't tell the whole story, at one point things weren't looking nearly so rosy, but I took that as my cue to buy some bank shares since they looked particularly cheap.  Of course I could have done enormously better by buying earlier in the year, or sticking all my cash into Tesla, but you can't win 'em all.  The latter in particular would have been stupendously out of character.

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