Scorecard for 2019

2019 was a blockbuster year for stock markets! Those long on the equity (~ 30 % gain) were handsomely rewarded. Bond market (~15 % gain) also went up. I chose to stay away from bonds and focus on equities for 2019 and it was a right strategy.

Method: My profits are calculated assuming buy of 100 shares at market open of Jan 2nd, 2019 and sell at market close at 31st December, 2019. I include dividends as well for total ROI.

Broad market index returned a whopping 30.4 % (SP 500 rose from 2476.96 to 3230.78). My recommendation of MGC returned 32.93 %. My 2nd recommendation of utilities index (VPU) would returned 25.45 %.

My returns were very close to broad market returns.

However, my risky bet in form of “MJ” saw losses.

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Rajesh Chandra

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