February 2021 Update - A Small Experiment
See first post on this series for background on the Dividend Portfolio and the Speculative Portfolio. S&P 500 moved up a gentle 1% in Feb. Nasdaq moved down a gentle 1.5%. But what an explosive month it was! The speculative portfolio swung 10% up and down on some days. It was stomach churning experience, even though as I mentioned in my introductory post, the Speculative portfolio is only 10% of my investments and the swings are largely inconsequential for my overall financial well being. I tried my best to stick to the investment thesis and to learn. CNN Fear and Greed Index started the month at 35 (0 being extreme fear), while the market was close to all time high. Too much fear considering how small the drop in the last couple of days of Jan have been relative to the massive 2020 bull market. Likely GameStop was rattling everyone. The month ended with more jitters. However, the Fear and Greed Index has actually swung towards greed this month and ended February at an