With only 4 trading days left this year, I thought I'd share my investing results for 2024. You already know many of the stocks I hold, because I told you about them back in August in this post:

mechinv writes on I'm buying this dip.

Here are the YTD returns on just the 8 stocks I mentioned. I've also included their returns since I announced that I was buying the dip.

	Price on	Price	Buy on dip	Price on	
	8/5/2024	today	Return	        12/31/2023	YTD return
---------------------------------------------------------------------------
AMZN	161.02	        229.05	42.2%	        149.93	         52.8%
NVDA	100.45	        140.22	39.6%	         48.17	        191.1%
MSFT	395.15	        439.33	11.2%	        370.87	         18.5%
MU	90.42	         89.28	-1.3%	         82.34	          8.4%
QCOM	157.95	        159.36	 0.9%	        140.23	          0.9%
AVGO	142.08	        239.68	68.7%	        108.54	        120.8%
MELI	1776	       1743.29	23.8%	       1529.16	         14.0%
TTD	83.22	        123.96	20.7%	         70.59	         75.6%
----------------------------------------------------------------------------
Average			        25.7%		                 61.9%

These, plus my positions in RDDT and APP (up 173% and 230% since purchase), along with my SMCI trade earlier this year, have resulted in a gain of 73.4% in the aggressive growth portion of my portfolio. My overall portfolio gain this year is 51.3% since I still have a sizeable chunk in plain old boring SPY which is up 28.3%.

I've also had quite a few losers. Even though CVNA was up big this year, my timing was bad, and I exited at a loss. Also took a loss on ZIM even after it paid a big fat dividend.

In 2023, I was up 41%, thanks to being overweight the Mag 7, particularly AMZN.

I'm going to have enormous capital gains next year, so am looking into buying a second home next year down in FL after cashing out most of my gains. I can use it as a vacation rental, and use the depreciation to get some tax breaks. Planning to pay 100% cash for it.

Wishing you all a Merry Christmas and a Happy (and prosperous) New Year ahead.

Mechinv
Getting rich doesn't have to be complicated