Rule Du Jour: Rule #46 - Winners Take Most (Patreon)

Concentration is king in today's market. If you strip out the MAG7 from the S&P 500, the index's performance plummets below inflation.

Here's the stark truth:

• 2023 SPX return: 24.2%

• 2023 SPX return excluding MAG7: 4.1%

• 2024 SPX return: 23.3%

• 2024 SPX return excluding MAG7: 6.3%

So remember, holding onto a Bag of Poop yields Poopy results. Focus on where the real growth is, or you're just watching your portfolio get diluted.