Portfolio one is 20 1/2 years old. The beneficiary contributed $10,000 (net of withdrawals) and the trustee $20,000 for a total of $30,000. The current value is $82,037 for a gain of $52,037 or 173%, which is 8.3% / year when adjusted for the timing of cash flows. Go to the link or here to see details.
This portfolio is down with the others and we can look at a few stocks:
- Block (SQ) – this is an interesting stock but was hit hard in recent SAAS / payment stock re-valuations
- Pinduoduo (PDD) – the Chinese tech stocks have been devalued by Chinese government actions, tensions with the USA, and a general re-evaluation of tech stocks
- Meta (FB) – Meta’s challenges are well documented as they pivot to Augmented reality – but they still make a lot of profits and have great assets worldwide
- Rocket (RKT) – we sold half our rocket when they hit a “meme stock” high which is good in hindsight. The stock pays a strong dividend but is hit hard by the impending raise in interest rates which chokes mortgage growth and refinancing
- Alibaba (BABA) – like PDD this stock suffered from a triple whammy
- Paypal (PYPL) – one of the most perplexing on the list, PayPal fell instantly out of favor with analysts after stopping guidance the shares cratered without a significant negative event in the business
- OKTA (OKTA) – this software company had an acquisition the market didn’t like and then was hit with the overall re-evaluation of software companies valued by growth not profits
Trust Funds For Kids 
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