March 2021 Update - A Small Experiment
Background: Dividend Portfolio - Dividend Growth Stocks. Speculative Portfolio - Good companies that are richly valued high growth companies. Both portfolios were started with 10% of my liquid assets each on Jan 1st 2021. March Update: From the February post - I wonder if strong gains in the dividend portfolio in Feb is in fact a ill omen for the market as a whole in March. It is not really bear territory for the market as a whole, but it certainly was deep recession for the Speculative portfolio. It lost almost 30% from its peak, losing heavily almost every trading day of the month. The funny thing is that it is still 14% up since Jan 1st. I would have been better off sitting out March. But I am not better off than if I had not started investing at all in January. In fact, in my sedate index portfolios, I would have been delighted to be up 14% in 3 months! See my notes below from March 8th, right at the beginning of the month, when the writing seemed to be on the wall: 3/8 - In j