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Author Topic: 2022 Investment Performance - Thanks Democrats  (Read 750 times)

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Offline ChemEngrMBA

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2022 Investment Performance - Thanks Democrats
« on: January 10, 2023, 03:52:03 am »
The S&P 500 Index was down 19.44% for 2022.  Thanks Democrats

Nasdaq was down 33.07%.  Thanks Democrats.

My portfolio was up 8/10%, killing the benchmarks.

How did you do?  I was overwhelmingly in cash due to suspicions of Democrat stupidity, validated.

Took some profits early in 2022 and did not buy back in.
« Last Edit: January 10, 2023, 04:05:06 pm by ChemEngrMBA »
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Offline DB

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Re: 2022 Investment Performance - Thanks Democrats
« Reply #1 on: January 10, 2023, 04:31:58 am »
Quote from: ChemEngrMBA on January 10, 2023, 03:52:03 am
The S&P 500 Index was down 19.44% for 2022.  Thanks Democrats

the Nasdaq was down 33.07%.  Thanks Democrats.

My portfolio was up 8/10%, killing the benchmarks.

How did you do?  I was overwhelmingly in cash due to suspicions of Democrat stupidity, validated.

Didn't cash lose about 10-15% of it value over 2022?
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Offline ChemEngrMBA

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Re: 2022 Investment Performance - Thanks Democrats
« Reply #2 on: January 10, 2023, 04:07:27 pm »
Quote from: DB on January 10, 2023, 04:31:58 am
Didn't cash lose about 10-15% of it value over 2022?

1. Inflation is under 10% for 2022.
2.  Losses from Nasdaq and other equity markets are compounded by inflation losses.
HELLO!  So Nasdaq investments lost 42% of their value, didn't they.
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The Book Commentary: "The book (Brilliant Creations - The Wonder of Nature and Life) is pure genius."
Review by John Orosz, M.D. "It is beyond outstanding. Please send me twenty signed copies for colleagues, family, and libraries."
"I was running every morning for twenty years with a genius." - Mike McCartney, D.D.S.
"You have the most agile mind of anyone I know." -
Avice Marie Griffin, PhD, Clinical Psychologist

Offline ChemEngrMBA

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Re: 2022 Investment Performance - Thanks Democrats
« Reply #3 on: January 14, 2023, 12:42:29 am »
$91 billion Fidelity Contrafund (FCNTX)  was down 28.26% for 2022.
American Funds Growth (AGTHX) was $200 billion.  Down 30.72%.
American Funds (AMCAP)  $88 billion.  Down 28.78%.

I killed them!  Made 8/10ths of a percent.
« Last Edit: January 14, 2023, 12:48:24 am by ChemEngrMBA »
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The Book Commentary: "The book (Brilliant Creations - The Wonder of Nature and Life) is pure genius."
Review by John Orosz, M.D. "It is beyond outstanding. Please send me twenty signed copies for colleagues, family, and libraries."
"I was running every morning for twenty years with a genius." - Mike McCartney, D.D.S.
"You have the most agile mind of anyone I know." -
Avice Marie Griffin, PhD, Clinical Psychologist

Offline Smokin Joe

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Re: 2022 Investment Performance - Thanks Democrats
« Reply #4 on: January 14, 2023, 01:03:18 am »
Starting in January, I bought canned goods--by the case.

I'm not disappointed, as current prices are up as much as 25% over what I paid.
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Offline MajorClay

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Re: 2022 Investment Performance - Thanks Democrats
« Reply #5 on: January 15, 2023, 08:32:34 pm »
 :amen:
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