Hey guys!
It’s been a while since I gave a Roth IRA portfolio update, but I’m back to share progress today. Forgive me, I just got back from a relaxing honeymoon. I feel refreshed and ready to get back in action. Routine bores me, and getting away from my professional work lately to focus on other things always gives me a renewed sense of vigor.
For those of you who blog – I want to share an exciting milestone. After a total of 43 blog posts and 708 page views on WordPress I have finally earned my first money from ads on WordPress. Big ballin’ over here – I have earned a total of one cent =D.
Let’s take a look at my portfolio vs. the S&P 500.
- S&P 500 from January 4th – September 27th: +20.43% ((408.30-339.03) / 339.03) x 100
- My portfolio from January 4th – September 27th: +18.98((54,100.99 – 6,000 – 937.88) – 39,641.18) / 39,641.18 x 100
Interest rates on the 10-year bond rose to just under a 1.5% yield today. The peak outperformance of my portfolio occurred earlier in the year when the spread between short-term and long-term bond yields were reaching their peak for 2021. Banks and financial companies can make more money on their cash sitting on the sidelines when yields are higher – and since my portfolio is overweight financials a bit, higher yields will help me continue to outperform.
My goal of beating the market for the year is still in sight, but it’s definitely not a foregone conclusion and will likely require some outperformance in the financial sector. Overall returns including dividends are still close, but I will not calculate the total results including dividends until the end of the year.
For those of you that are dabbling in self-directed investment portfolios, how are you doing so far this year? I’ve doubled down on my research and focus to try to outperform next year. Luckily, I am well on my way to have enough money to fund my roth IRA with blog income to start again next year 😉
Happy investing!
Roth and Roll Finance 