In 2020, I thought it would be cool to track my main account and see how much it would change on a daily basis. So below is basically a little over $1,000,000 of investments with the data laid out in a simple excel file. Obviously there is the date column. followed by column B showing the gains or loss for the respective date. Finally, column C shows the accumulated gains for the year as time passes in 2020.
They say a picture is worth 1000 words, so I created the chart below to visually show you the ups and downs of this portfolio for all of 2020.
The following chart shows the accumulated gains throughout the year.
As you can see, it was a wild year.
There are a couple of takeaways from looking at the data. The first chart shows lots of fluctuations when you look at investments on a daily basis. When you look at the second chart, you see that it was a great year to be invested, but also not panicing and doing what I’ve done to get to my current financial status, “Buy and Hold”, paid off yet again. So, had you let the daily ups and downs bother you with investing, you may have missed out on the long term bigger picture.
As a former co-worker used to always say, “don’t trip over dollars to pick up pennies.”Follow me on the social medias: