2014 was a very tough year for me, and for a lot of people that invest in small and mid-caps instead of large cap stocks. Over time (any ten year period) the small caps always win (because they can grow faster), but this was not one of those years. I was down 9.8% on the year, partly due to some of my own mistakes, which I have recounted here. I started keeping track of my results yearly in 1989, because my wife and I had a baby and I was hoping to retire in about 7 years (I did), and I decided I had to get serious about investing. I then started keeping track weekly as well as annually in Jan 1993.
We are talking 25 years from 1989 to 2014 and that’s a lot of time for compounding to accumulate. As of the end of 2013, I had a 273 bagger on my entire portfolio. As of the end of 2014, with my 9.8% loss, that had fallen to a 246 bagger.
Figuring from 1993, I had a 73.4 bagger on my entire portfolio as of 2013, and a 66.2 bagger as of the end of 2014, if anyone wants to keep track.
I hope (and expect) that this will be a better year.
Best to you all.