The "Keep It Simple" Portfolio
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How well can a simple portfolio composed of the SP500, Bitcoin and Ethereum perform in the next five years? We are about to find out! Capital deployed on May 16, 2022. Go over here for the original idea.
Current state
Updated October 02, 2022
Bitcoin is holding the line around $20k surprisingly well. But don't be fooled, if the stock market starts melting down Bitcoin will follow. We are still waiting for BTC at $15k and the SP500 at 3,200 to deploy the remainder of our cash.
| The Keep it Simple Portfolio | |||||||
|---|---|---|---|---|---|---|---|
| Current composition and performance | |||||||
| ASSET | INSTRUMENT | TOTAL RETURN | WEIGHT | PROFIT / LOSS | VALUE | AMOUNT | |
| SP500 | SPY | −10.6% | 43.0% | −$42,217 | $357,783 | 998.00 | |
| Bitcoin | BTC | −34.9% | 15.6% | −$69,812 | $130,188 | 6.70 | |
| Ethereum | ETH | −23.2% | 22.1% | −$55,706 | $184,294 | 138.88 | |
| Cash | USD | −20.0% | 19.2% | −$40,000 | $160,000 | 160000.00 | |
| Portfolio | — | — | −16.77% | — | −$167,736 | $832,264 | — |
| Notes: updated October 02, 2022 based on total performance since May 16, 2022 | |||||||
| By: @ecoinometrics, ecoinometrics.com | |||||||
Bitcoin and especially Ethereum are making a comeback ahead of the merge. But is that sustainable in this macro environment. Probably not.
At this point it isn't clear whether or not we'll have another leg down. If that ever happens we'll deploy the rest of our cash. Otherwise we'll use it for a momentum play.
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