Emmanouil Rafaletos @Manosrafas1: "Year-End Portfolio Review – Progress..."

Greece

Year-End Portfolio Review – Progress Over Perfection 2025 is a good reminder that investing isn’t about winning every comparison, it’s about building something durable. The portfolio underperformed the S&P 500 this year, but it stayed aligned with my long-term goal: balanced growth, steady income, and controlled risk through different market regimes. Performance Snapshot 2025 return: +14.17% 2-year return: +69% Dividend yield: ~2.2% Risk score: ~4/10 (moderate) A year where growth did well, but volatility was high and correlations spiked at times. Not an easy backdrop for diversified portfolios. How the Portfolio Is Structured I’ve deliberately kept a mixed allocation, rather than leaning fully into what worked best this year: Monthly income: $O (Realty Income Corp) Realty Income $MAIN (Main Street Capital Corp.) Main Street Capital Dividend compounders, providing consistency and compounding over time: $ABBV (AbbVie Inc) Abbvie $JNJ (Johnson & Johnson) Johnson & Johnson $MRK (Merck & Co.) Merck $MO (Altria Group Inc) Altria Group $VZ (Verizon) Verizon $PG (Procter & Gamble Co) Procter & Gamble $NEE (NextEra Energy Inc) NextEra Technology exposure, maintained at current allocations, not aggressively increased: $MSFT (Microsoft) Microsoft $NVDA (NVIDIA Corporation) Nvidia $AVGO (Broadcom Inc) Broadcom $TSM (Taiwan Semiconductor Manufacturing Co Ltd - ADR) Taiwan Semiconductor Crypto: ~10% allocation for asymmetric upside The idea isn’t to maximize returns in any single year, but to stay investable and disciplined across cycles. Why Income Still Matters Dividend and monthly income plays a bigger role than many realize during volatile or sideways markets. Cash flow: Reduces emotional decision-making Allows reinvestment when prices are weak Helps offset periods of underperformance vs benchmarks Even in strong equity years, income acts as a stabilizer rather than a drag. What Held Performance Back Tech concentration in the S&P helped the index outperform. A diversified, income-aware portfolio naturally lags when a narrow set of growth stocks dominate. Crypto added volatility without being a major return driver this year. That’s the trade-off I consciously accept in exchange for smoother drawdowns and better behavior under stress. Looking Ahead For the coming year, my plan is simple: Maintain current allocations Let dividends and monthly income keep compounding Avoid reactive shifts based on short-term market narratives Thanks to everyone who follows and Happy New year to all. $SPX500 $NSDQ100 $BTC $XRP