Summary
- Financial markets are set to close a difficult year amid the war in Ukraine, pandemic aftershocks, and inflation-eroding purchasing power.
- As always, the first rule for every investor is to try to survive and avoid making mistakes that could prove fatal.
- As for me, I hope I have not committed too many mistakes in employing my cash to build new positions and consolidate existing ones.
- My portfolio has been floating around parity for most of the year, but, with the recent dollar’s decline, it is experiencing a loss of several percentage points.
- Despite this, I remain confident about my purchases, and in this article, I try to summarize the thinking behind my choices.
For further details see:
My Income Portfolio's Year-End Check-Up