The return is calculated using the time-weighted return. For a detail explanation on how to calculate portfolio return and what is the difference between time-weighted return and money-weighted return, please refer to this
Year SPXTR EFA VT Portfolio 2020 18.40% 7.59% 16.61% 33.56% 2021 28.71% 11.46% 18.27% -0.13% 2022 -18.11% -14.35% -18.01% -24.26% 2023 19.29% 11.49% 14.68% 3.51% Mistakes
Date Symbol Contribution Description April 2020 USO -1.07% Post August 2021 9988 -2.16% Not necessary a mistake. Wins
Date Symbol Contribution Description July 2020 TSM 9.46% Events
202106: take profit and withdraw a relatively large share of the portfolio to support other financing needs; leverage reduced to zero.
202206: reduce leverage to nearly 0 by liquiding VOO and INTC. Taking a loss on INTC and reducing exposure to the US stock market since China Market is more attractive.
Learn coz things change
Invest in assets that produce cash flow
Find assets that I will hold for a long period of time
Know the difference between price and value
Use some leverage
Choose assets by opportunity costs (Your next best option)
Invest in both U.S. and China
Be forced to sell due to using too much leverage
Sell in panic mode
Pay attention to the economic forecast