Monday, 2 January 2023

2022 review

On sitting down to write this review, I have realised my portfolio tracker hasn't been updating itself since the end of October when I "fixed" a bug.  What a quiet last 2 months to a turbulent year it had seemed!  I thought I was finishing the year with a -0.1% return in GBP.  Better fix my fix and see the truth...

Turns out the real figure is +3% in GBP.  By share:

Winners:

  • Plus 500: +40%
  • Berkshire Hathaway: +16%
  • Ferrexpo: +17%

Losers

  • Barclays: -12%
  • Aviva Preference Shares: -12%
  • Natwest Preference Shares: -15%
  • iShares Emerging Market Dividend Fund: -23%
  • TAG Immobien: -44%
In USD I'm down about 10%.  US inflation has been about 8%, so in real terms, in USD, I'm down about 18%.  Yikes.

GBP has weakened very slightly against NOK over the year, so my non-inflation-adjusted NOK return is +2%, which after inflation is around -5%.

Despite a modest profit on Ferrexpo I would have done far better this year by sitting on my hands and not trading at all - TAG Immobilien in particular has been a stinker.  Perhaps I'll buy some more.

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