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November end taxable portfolio update:
YTD Return: ~125%
S&P: 12.10%
$TTD - 21%
$MELI - 12%
$AMZN - 8%
$JD -5%
$MGNI - 5%
$DOCU - 5%
$TWLO - 5%
$ROKU - 4%
$SQ - 4%
$TDOC - 3%
$CRWD - 3%
$PYPL - 3%
$SWKS - 3%
$AAXN - 3%
$SE - 3%
$ATVI - 2%
$PINS - 2%
$SMSI - 1%
$STNE - 1%
YTD Return: ~125%
S&P: 12.10%
$TTD - 21%
$MELI - 12%
$AMZN - 8%
$JD -5%
$MGNI - 5%
$DOCU - 5%
$TWLO - 5%
$ROKU - 4%
$SQ - 4%
$TDOC - 3%
$CRWD - 3%
$PYPL - 3%
$SWKS - 3%
$AAXN - 3%
$SE - 3%
$ATVI - 2%
$PINS - 2%
$SMSI - 1%
$STNE - 1%
Looking back, November 2020 may turn out to have been the most impactful month of my investing life. The moves made could drastically affect what retirement looks like for me down the road. Here are my top reflections from November:
1. I got tired of the extra fees charged by Etrade (merger fee and OTC fee) and moved my taxable account to Fidelity where my retirement accounts live. 85% of my investments are now in Fidelity so over the long-term, it should significantly help me evaluate my total performance.
2. Moving my taxable account into Fidelity reminded me that I've been meaning to make use of my company's Brokeragelink option. This allows me to invest in individual companies through my 401K. From what I've heard, this is fairly rare for employers to offer.
Investing in individual stocks should *hopefully* significantly increase my returns over the long term. My taxable account has crushed the market averages over the last 2 of my 5 investing years. If I can continue to outperform, it's only smart to pick stocks for my 401K.
3. Switching over to Fidelity has thrown off my performance numbers for November and will do the same for December. I have 100% unrealized gains right now, but Fidelity is not including the realized gains I saw earlier in this year.
I reached a return of 116% earlier this year and my account value is much higher now (no cash added to account either) so a performance of 125% YTD is a conservative estimate. It's frustrating to lose my performance record for the last few years, but I had to pull the trigger.
4. Taxable account purchases and sales: I became disenchanted with $AYX and sold full position. I bought $TTCF and $ARKG. This is my first buy into the genomics space. I don't have any edge here so ETF seemed like a smart way to start.
5. Retirement account purchases: My goal was to start moving some money from $SPY to $QQQ so I moved about 25%. I think there is a reasonable chance that tech outperforms over the long term.
I also bought a number of individual stocks. I have sorted them by weighting.
$TDOC (doubled my total amount owned across all accounts)
$SHOP*
$PTON*
$ETSY*
$SE
$ROKU
$TRUP*
$NET*
$NARI*
$PD*
$IRBT
$API
*=not previously owned in any account
$TDOC (doubled my total amount owned across all accounts)
$SHOP*
$PTON*
$ETSY*
$SE
$ROKU
$TRUP*
$NET*
$NARI*
$PD*
$IRBT
$API
*=not previously owned in any account
6. My total number of individual holdings is now 34. I was not planning on growing to this number, but my retirement accounts gave me access to more funds than I had been planning until this month. This would have to be my full time job to keep up with all these companies...
...but I'm not worried yet. My performance is still very strong versus market averages and many positions are starter positions and unlikely to significantly impact my returns to the negative. I need to focus on my large positions and learn more about the small ones as I am able.
