Opinion
This is the way to get better total portfolio returns
Don’t let the Magnificent Seven divert you from the basics of investing – everyone focuses on 2023 but ignores weakness in 2022.
Giselle RouxContributorWhat a hero you could have been if you had embraced the Magnificent Seven in 2023, with the lowest return from Apple at a heady 49 per cent and Nvidia a whopping 240 per cent. These are incredible returns and unbelievable scale, considering these companies have reached a combined valuation level that is around the total market cap of Canada, Japan and the UK.
It quietly ignores the weak performance they experienced in 2022.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Personal finance
Fetching latest articles