Its important when investing to measure your performance against inflation in the country you live in. If you are not at least keeping up with that then you are getting poorer. I also like to compare my returns with commonly available alternatives like other market indices and gold. These help me ensure that I am not deluding myself over returns.
The Office of National Statistics released its February inflation of 3.7%. down from 3.9% in January.
The S&P 500 Index ended February at 5,954.50 down from January’s 6040.53. A fall of 1.42%.
The Vanguard FTSE Global All Cap Index Fund Acc Units finished February at 231.51 down from 236.80 for a fall of 2.23%
The FTSE 500, consisting of the largest 500 companies in the UK finished February at 4754.32 up from January’s 4710.58 that is an increase of 0.93% a very rare out performance for the UK market.
Gold. Instead of using the price of a 1KG bar I will from now on be using the price per ounce, for which there are easily available historical values from the Royal Mint website https://www.royalmint.com/gold-price/.
The site is a more reliable source of information on gold and the changes made reflect the the true APR of gold since the 26th May 2021 by providing a price graph history going back to 2nd January 1968 and you have the option of choosing different time periods and currencies. The price on the 28th February was $2865.35 down from January’s $2799.19 equating to a fall of 2.31%.
Lastly, how did my ISA portfolio get on. Until writing this paragraph I have no idea, only that short-term graphs provided by SimplyWallStreet show its been pretty badly beaten up.
The portfolio finished February at £244032 down from £247813. thats a 1.52% decrease over the previous month. One of the aspects of a portfolio that consists of companies companies with high returns is that they are more resilient in time of market weakness. This was true from the period in late 2021 where the portfolio held up reasonably well when the World was going to end according to the doomsters.
Annual Returns. Gold leads.
Current portfolio