I've done 180% this year on my penter investment. It's 40% of my portfolio. I've done 133% on my Tesla investment I've done 24% on my S&P 500 investment. Those are the three elements of my portfolio I don't have anything else so I'm doing great right? I Can talk about how great my year was, but that's going to be a very partial view.

It's going to be absolutely the same as this beauty industry shows you a Photoshop version of these women and then they make the ladies feel like they're not good enough. A lot of investors is looking at this social media and the YouTube world and all these great results people are getting this year and they're like oh my God I haven't made $100,000 today I Suck. No, you don't allow me to explain. If I show you the full truth, it's going to blow your mind.

Look, yes, the numbers are true. 133% 180% 24% but 2022 sucked I lost money 2022. It didn't do good for me at all. Look at the S&P 500.

The S&P 500 went from 4700 all the way to 3500 in 2022. You don't think that put a dent on my portfolio. It sure did. In fact, if you factor in 2022 because I'm sure most of you didn't start investing in January 2023, if you factor in the previous year, I'm up about 5 to 6% my portfolio.

So in those two years all I did is 5 to 6% because of how bad 2022 was and most of these influencers are in the same position. They're not just going to give you this information because it doesn't look good. so they'll do a vertical slice of year to date and they'll show you how great their results was this year. But the fact of the matter is, you have to talk about the previous two years, the three years, the four years and look I've had bad calls I have a lot of stocks which I thought were good and they sucked I'm not perfect I've made a lot of mistakes sometimes I got got it right sometimes I got it wrong.

but the one thing I always got right was my system and that's why on February 21st of 2022 when I thought that the market is going to be quite shaky I said look I don't know for sure. It seems like inflation is going to wreak havoc in the stock market because it usually does and just in case, I'm not wrong about this, let's buy some insurance. Maybe nothing happens and then we're fine, but if it happens, let's buy some insurance ins and I made this post on February 21st of 2022 and I said look, these are the 30 stocks that comprise of the insurance policy that I'm looking at and we call them 30 stocks to protect from inflation and we basically said look, you can decide how big of a chunk of your portfolio you want to buy insurance for, but these 30 stocks will give you a nice smooth sailing through 2022 and that list is not Patron you can go check it out. but while the S&P 500 did 55% if you go back from January 22 to right now, this specific portfolio did 12% So it more than doubled the S&P 500 over the past two years since it came out until today.

So while year-to-date claims are total it's horse manure. it's just a way to fluff your numbers. they're not real much like makeup and Photoshop what is real is the lessons with can learn here. and the system and the system is very very simple.

Look my own portfolio right in the past two years pretty much did five to six% So that shows you number one that it's very hard to beat the S&P 500. Even if you think you have a strong portfolio, you're not going to beat the S&P 500 that easily. And that's something that for 70% of you should be enough to say. You know what? I'm going to go 100% into the S&P 500 and if 70% of you watching this do that, that's the right decision for most people.

For 70% of investors, just putting the money in the S&P 500 is good enough. It's the best strategy and you're beating most of professional money manager by doing just that. Number two. The second lesson was look now looking back at our January sorry February insurance February 2022 we bought Insurance The insurance did double, then thep 500 by diversifying into 30 stocks which were inflation proof.

That's why they were not impacted by the inflationary cycle. So doubling the S&P 500 is possible in certain cases. but at the very least, you're buying Insurance because why is it called Insurance Even if this list of 30 stocks would not have overperformed SP 500, if things were normal, we would have missed out a little bit. On the upside, it wouldn't have exploded like all the tech stocks, but it still would have beening doing fine because these are really good companies.

That's why I think balanced mindsets is everything right. 2022 wasn't as bad as people were making out to be and 2023 isn't as good as people who are trying to sell you stuff are making out to be. just dollar, cost, average and stay the course. That's how you survive 2023.

And that's how you survive 2022. You don't get overhyped and you don't get too low on yourself. And by the way, all this talk about diversification and why you need 15 different stocks or 20 stock. Look, there's a lot of ways to diversify.

Just holding the S&P 500 by the way, gives you a massive amounts of diversification. so you don't necessarily need to own 500 stocks. Just get the S&P 500. That's what I do in my portfolio.

That is why 40% of my portfolio is literally Inp 500. It's very hard to beat. Pick good stocks dollar Co average Adjust your portfolio in bad times to buy insurance and learn how to analyze the market. But do not please.

For the love of God Do Not over obsess about microeconomics every time drum farts people go oh my. God We're going down. Stop obsessing about Macro. Stop it.

It's not that important. Yes, it's quite important, but it's not like breaking news your own Poli just had a ball movement. Come on guys. Uh, Macro Panic is cringe as.

look, stop trying to chase smart money around. By the time you know what, Warren Buffett and Michael Burry have done. it's too late. They've already made their play.

by the time you see their 13 F disclosures, it's been a whole quarter. They're doing their stuff before you see it. If you hear about what smart Money does, it's too late. They've already done it.

now. You're basically the pigs are being led to the slaughter. Please, for the love of God Avoid options. Look Options is a great game for pros.

Yes, NBA Players should be playing in the NBA neighborhood. Players should not be playing in the NBA. If you are playing with options and you're not a pro, you're basically going to play against NBA players and you're going to get annihilated Options Addiction is a real thing. Just leave it alone unless you're Pro.

And of course, for the love of God, Please please please please please Do Not overtrade yourself to death. The fact that you have access to a trading app doesn't mean that you have to every single day buy and sell. Leave it alone. Don't check it every day.

Don't check it every week. Just let it be. it's an investment in your future. You're playing the marathon game.

Overtrading means losing every single time now. I Hope this video was helpful for you to understand some of the noise and the hoo-ha that's going on around year-to dat performances and how to actually get it done. Of course, if you'd like to learn more about this, we do offer our own program on Patreon Pon.com where we teach stuff like financial statement analysis like long-term investing like how to do your own DCF actual tools that help you stock analyze and research for yourself and not giving you trade tips. Oh buy this.

Sell this if you want to check it out. The link to join is in the description and in the pined comment. would love to see you there in our Academy there's a couple spots left. Would love to see you there.

Thank you so much I'll see you in the next video.