𝟐/𝟑 𝐨𝐟 𝐭𝐡𝐞 𝐘𝐞𝐚𝐫 𝐚𝐫𝐞 𝐎𝐯𝐞𝐫… 𝐇𝐞𝐫𝐞’𝐬 𝐌𝐲 𝐏𝐥𝐚𝐧 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐋𝐚𝐬𝐭 𝟏/𝟑

The Etcaetera portfolio is in a position of strength

The Etcaetera portfolio has achieved +21.94% year-to-date, vs. 10.08% for the S&P 500. Since inception in October 2022, we are at +93.31% for Etcaetera vs. 71.69% for the S&P 500. We are on track to double our money in 3 years.

𝙍𝙚𝙘𝙚𝙣𝙩 𝙈𝙤𝙫𝙚𝙢𝙚𝙣𝙩𝙨

This month, we have fully exited cryptocurrencies that have contributed approximately 4% of the 21.94% this year (their collective portfolio weighting was in the 15-25% range).

I do not plan to open/reopen any cryptocurrency position except maybe for Bitcoin if it dips below $100k in September. I am also open to crypto stocks but I haven’t identified any great opportunities worth the risk given the time point in the cycle.

𝙈𝙖𝙘𝙧𝙤 𝙋𝙞𝙘𝙩𝙪𝙧𝙚

In my opinion, we will have a choppy couple of weeks that will allow for corporate earnings to catch up on the market valuation. I am however extremely bullish for the Christmas rally which I anticipate to be intense amidst monetary easing in the US.

𝙂𝙖𝙢𝙚𝙥𝙡𝙖𝙣

It doesn’t involve any trading and it’s absolutely fine if it doesn’t play out that way as we are 80% invested, and it’s all quality stocks for the long term.

It’s for us now only about deploying in a cautious, timely and opportunistic manner the 20% cash balance when attractive risk-reward situations present themselves. It’s most likely that the majority of the cash balance will be invested in assets already in the portfolio.

That’s the gameplan. We are in an excellent position for the rest of the year.

Thank you for your attention. 💚🙏

Etcaetera