PhilStockWorld December Portfolio Review (Members Only)

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One Million Dollars GIFs | Tenor2024 is over already?

I must be getting old because this year simply flew by and what a year it has been with the markets performing great - but nowhere near as great as our 6 Member Portfolios, which have had EPIC years, after being restarted 18 months ago (May of 2023), when we cashed out our last batch of EPIC portfolios, which we had started on Oct 1st of 2019. The STP/LTP paired portfolios hit $7,686,573 on April 18, 2023 and we decided it was too good to risk so we started again with a fresh $700,000 and, already, we're back over $3M - crazy!  

Hopefully you put that other $6.9M into Bitcoin, which was $29,268 at the time but really, it's "only" up 200% since then and our new STP/LTP is doing better than that in the same 18 months. It was S&P 4,200 when we started our new series and now it's almost 6,200 and that's up 47% while the Nasdaq has arisen from 14,000 to 22,400, which is up 60% and the rest is good old-fashioned options leverage we've taken advantage of in our portfolios. 

We actually could have done better if we didn't hedge but, then again, if we didn't hedge - we would not have felt comfortable taking the long-side risks that brought us to this point - would we? If we didn't hedge, I would certainly be calling for us now to take the money and run but we're well-hedged for a 20% drop in our Short-Term Portfolio (STP) - so we're not expecting to get caught by surprise and, to some extent, these recent gains are also a hedge - though it's hard to think of them that way, isn't it?  

As I said on April 18th, 2023, when we re-embarked on this journey:  

“I know it seems like we have amazing timing with our entries but that’s because we don’t try to time them at all. 

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