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Starting this year I will stop reporting my "stock portfolio" performance and instead report the performance of our "family office" money management venture. This includes the entire stock portfolio reported in 2020 but also... (thread)
all bank accounts, loans and liabilities (inc. credit cards), ETF and / or fund traded in Tel Aviv, short term (interest) saving accounts and cash in all forms.
Even though this makes performance figures look less impressive I believe this shift will provide a better representation of our family money management strategy and its results.
Our family has been saving and investing since around 2003 but it was only in 2017 when we started taking real control over our financial future and actively manage our investments. Before that we knew practically nothing.
In 2016 most of our money was invested 60% bonds 40% stocks, mostly through Israeli traded funds. By the end of 2017 we were already invested in a few Israeli traded ETFs, tracking US market equities and less bonds.
In 2018 we started shifting money from funds to individual stocks, starting with $FB in April, continuing with $AAPL $GOOGL $TSM $ADBE $CRM and a few others. The year went really well until the last month ending with the great "rates are up" crash of Dec 24, 2018.
That thought us a few very important lessons but didn't change the main theme - Investing with an ultra long term horizon, ignoring noises and trusting our own analysis. 2019 was a good example of what is possible.
In Dec 2019 we decided to start shifting from large cap aristocrat companies to smaller cap growth. Between Jan 2020 and the end of Feb we sold all remaining bonds and started buying the dip on our selected companies. Then came March.
The end.
The end.
