A tradition unlike any other...
2021 was a transitional year - my first full calendar year as a blended stocks-and-income portfolio. I lagged the S&P 500 by -11.8% (15.1% vs. 26.9%), and trailed the NASDAQ by -6.3% (15.1% vs. 21.4%). My net worth ended the year near all-time highs, and my portfolio's annualized returns outperformance is a solid +2.6% vs. the S&P 500 (8.3% vs. 5.7%) and +1.4% vs. the NASDAQ (8.3% vs. 6.9%) since I started in the year 2000.
While there were sixteen tickers sold in 2020, there were just six sold in 2021. (Comparatively, 2022 will kick off with a bang.)
Here's a look at all the stocks I've sold in the past year, from best to worst - based solely on 2021's performance, while mostly ignoring any intra-year volatility:
Meta (FB)
Year-opening price: $205.25
Sold: Dec @ $307.32 (+50%)
Year-closing price: $336.35 (+64%)
Faces an uncertain future with its announced pivot to the Metaverse™, increasing regulatory scrutiny.
Adobe (ADBE)
Year-opening price: $500.12
Sold: Mar @ $429.54 (-14%)
Year-closing price: $567.06 (+13%)
One of my best investments ever, Adobe increased +34% annualized over 5+ years.
iShares Core U.S. Aggregate Bond ETF (AGG)
Year-opening price: $118.19
Bought more: Jan, Jan
Sold: Mar @ $113.58 (-4%)
Year-closing price: $114.08 (-3%)
Yield too low for my purposes.
Verizon (VZ)
Bought: Mar @ $55.19
Sold: Dec @ $51.75 (-6%)
Year-closing price: $51.96 (-6%)
Perpetually undervalued - and the market doesn't care, part one.
Autodesk (ADSK)
Year-opening price: $305.34
Sold: Mar @ $256.90 (-16%)
Year-closing price: $281.19 (-8%)
One of my best investments ever, Autodesk increased +32% annualized over 5+ years.
AT&T (T)
Bought: Mar @ $29.16
Sold: Dec @ $23.53 (-19%)
Year-closing price: $24.60 (-16%)
Perpetually undervalued - and the market doesn't care, part two.
