No. of Recommendations: 2
2023 is now in the books, and what an outstanding year for the bulls, especially the Nasdaq 100. The bulls were also firmly in control in 2020 and 2021, whereas the bears had their year in 2022.
Here's how the various index ETFs and Berkshire did this year.
2023
ETF Return Description
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QQQ 54.8% Nasdaq 100
QQQE 33.7% Nasdaq 100 Equal Weight
SPY 26.2% S&P 500
BRK.B 15.5% Berkshire Hathaway B shares
RSP 13.7% S&P 500 Equal Weight
Let's also look back at how the above investment choices did over the past 5 and 10 years.
Performance: 2019 - 2023
5-year
ETF CAGR $100,000 grew to
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QQQ 22.4% $274,340
QQQE 17.5% $223,804
SPY 15.6% $206,497
RSP 13.6% $188,931
BRK.B 11.8% $174,679
Performance: 2014 - 2023
10-year
ETF CAGR $100,000 grew to
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QQQ 17.7% $507,850
QQQE 13.4% $350,411
SPY 11.9% $308,623
BRK.B 11.6% $300,827
RSP 10.1% $262,391
How did you do this year? How are you positioning your portfolio for next year?
Wishing you all a prosperous year ahead.
