My 2023 Year-End Portfolio Part 2
Elmads shared a comprehensive review of his 2023 year-end investment portfolio, detailing a 43% equity allocation that underperformed compared to major indices like the S&P 500. Holding investments in three financial brokerages, he discussed investment decisions in both local and international stocks, including challenges like managing capital gains tax and the inefficiency of frequent trading. Reflecting on both successful and underperforming stocks, he emphasized the importance of personal improvement and adapting investment strategies. Elmads highlighted the significance of loving the process and competing with oneself rather than others, maintaining a positive, forward-looking approach amidst the financial ups and downs.
