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In my April update , I commented that it appeared that things were too complacent in the markets, with equity values rising too fast too soon, and that I was expecting there to be a noticeable dip, as much as 14% in Project $1M portfolio value by the end of 2019. While May didn't see this pre...
Project $1M delivered an unexpectedly robust month as far as gains were concerned, with the portfolio just finishing below the half way mark of the targeted 10 year goal of $1,000,000. 2019 is starting to have a very similar look to it as 2017. The portfolio had four contributors that contribu...
The steep correction of December 2018 now seems a distant memory. Project $1M made new all time highs in February as a result of renewed optimism on China and a swag of positive results from portfolio components. Overall, the portfolio finished up some 4.96% for the month, marginally outperf...
What a difference a new year makes!. The moroseness and subsequent giddiness of the market have been exposed in a little over 30 days. From the depths of the despair in late 2018, the S&P 500 has shot up almost 8% in January. Project $1M similarly benefitted from an enthusiastic Mr Market,...