2020 ended up being the most difficult investment period I can remember in my 33 year career. I could be wrong, as you do tend to remember only the good times and conveniently forget the bad. Both 2011/12 and 2018/19 were years where we lost some of our profits, so the difficult conditions encountered last year were eased by the fact “this wasn’t our first rodeo”.
That said 3 of our portfolios actually ended the year in profit whilst the other two ended broadly level. It seemed like a huge amount of work for very little return.
The scores on the doors.
| Portfolio | 1 Year % | Max Drop in March % |
| Cautious | -0.01% | 38.24% |
| Moderate | 3.81% | 28.45% |
| Adventurous | -0.30% | 40.41% |
| AIM | 2.57% | 46.28% |
| Go For Growth | 20.86% | 55.31% |
| FTSE 100 | -14.34%* | 33.99% |
| FTSE 250 | -6.38%* | 41.37% |