Hi Saul,
thank you for your positive and constructive feedback! We already discussed your questions in private, but I thought it’s worth mentioning it here as well:
On USD → EUR conversion
I guess you are right about this. I will report in my own currency next month. This improves the total performance, but I also have to use the benchmarks (S&P500 etc.) in EUR, which might be confusing to some:
The year-to-date performance of the S&P500 ETF
USD: -14.23 %
EUR: -7.83 %
That’s a huge difference.
On my cumulative returns:
This is due to my investing history:
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Before October 2018, I didn’t know how to invest, what an ETF is, didn’t even have a broker account. The return in that period is from a mix of random ETFs and stocks I bought. I will exclude this year from the next summary on, since this “testing period” might not be meaningful enough.
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During 2019, I continued to learn more and discovered this board. Over the next 2 years, until 2021, I transitioned to a concentrated growth portfolio. Meaning: About half of my portfolio was dragging down my results, since I still didn’t feel confident enough until mid 2021.
While I would have loved to have a 200+ % performance in 2020, too, I don’t regret it: I’ve learned so much in such a short time from you and many others here. That’s just priceless.
Thank you once again, Saul!
Moritz