Hey guys,
It’s been a while since I gave an update on my Roth IRA portfolio. If you’ve been following my posts so far, you know that I’m trying to outperform the S&P 500 with my Roth RIA in M1 Finance.
A few weeks ago, I did a 2020 portfolio performance review and found out that I did beat the S&P 500 – my portfolio was up 14.11% compared to the S&P 500 return of 11.35% during that same time.
For the start of 2021, I am not as certain about performance. In comparing my portfolio day to day with the market, there was some outperformance early in the year followed by some underperformance as of late. In doing research for this post, I will actually be evaluating my performance against the market the first time this year.
This calculation can get tricky, because I maxed out my Roth IRA in 2021 in January, so I will try to make the calculation accurate. I am going to subtract my contributions for 2021 as well as my dividends to get a calculation of my portfolio’s growth.
If anybody has a more effective way to make this calculation, or has a method of figuring out “what if I invested this amount of money at the same time in the S&P 500 please let me know!
- S&P 500 gain from January 4th – February 16th: +6.39% ((360.71 – 339.03) / 339.03) x 100
- My Portfolio gain from January 4th – February 16th: +9.17% ((49,411.61 – 6,000 – 136.61) – 39,641.18) / 39,641.18 x 100
It looks like I’m continuing to move ahead of the pace of the market. If you’re interested in checking out my diversified Roth IRA portfolio, take a look here: https://m1.finance/awNd6cXLSiWt
You can see screenshots of my portfolio and slice performance since investing inception (November 2020) to see which pies have carried me to this outperformance. Are you guys beating the market so far this year?
Let me know if you are and what your strategy has been. Thanks for reading and until next time!
Roth and Roll Finance 