Portfolio four is 12 1/2 years old. The beneficiary contributed $6500 and the trustee $13,000 for a total of $19,500. The current value is $45,993 for a gain of $26,494 or 136%, which is 11.7% / year adjusted for the timing of cash flows. See the details here or at the link on the right.
Some of the stocks have declined based on recent market events and are being reviewed including:
- Block (SQ) is a new holding that declined since we bought it
- Cloudflare (NET) is an innovative software company that went up a lot and then lost significant value
- OKTA (OKTA) is a software company that had been a great performer for a long time but recently was hit by the re-valuation of software growth companies, an acquisition the market didn’t like, and a hack