What a year it was. I will remember 2024 as the year where most of the politicians around the world decided they will go crazy this year. With a lot of wars and conflicting factions here and around the world. Although the effect is not that prominent compared to the previous crashes. There are a couple of times where the market would go up a lot and then down a lot.
Anyways, let’s move on to the portfolio update. I’m going to start off with the performance of the funds that I manage.
| Funds | Return | PSEI |
| My Portfolio | 18.22 | 1.22 |
| Kid’s College Fund | 17.59 | 1.22 |
| VIP Partnership | 18.07 | 1.22 |
My Portfolio
This is my personal portfolio and it makes the bulk of our family’s net worth. This year, our portfolio returned 18.22% vs the PSEI 1.22%.
Kid’s College Fund
For preparation for my kid’s college, I decided to create fund in 2019. This year has been a good year as it made 17.59% vs the PSEI 1.22%.
The goal is to save and invest a total of P1,000,000 per child for college. Currently, I only have 1 child and the portfolio is now at P330,017.24. He is currently 2.5 years old so we still have a lot of runway to make this grow. I’m very happy how this is turning out.
VIP Partnership
This is the fund that I manage for friends from the How to Invest for Beginners family. It also includes a portion of my net worth in the fund (skin in the game).
It was a long wait, but we are starting to see the fruits of our investment. It returned 18.07% this year vs 1.22% for the PSEI.
Others
This year, I bought another real estate property. Nothing much to say about it. Just that, with the number of real estate I hold right now, I’m starting to think about expanding to a more serious rental real estate business.
It takes a lot of time to get into it that’s why I’m delaying it. But the people that I’ve met along the way that could potentially help jumpstart a real estate rental business and make my life easier, made me give it some thought.
I also did not include the gains from real estate. All portfolio are just stocks. If I were to include the gains from real estate to know the gain of our net worth it would probably be around ~30% for this year. I did bought a couple depressed properties and have them appraised.
Final Thoughts
This marks the 8th year that I started this blog. The goal was to record and document if I can ever beat the index for the long term. And it’s been 8 years and we are still beating the pse index.
I’m excited for next year.