Well, stocks have stayed up! That's a good thing for my yearly numbers. 17.0% return for 2010. Its likely to end up a little lower as people do a little, or possibly a lot, more profit taking on the last trading day of the year. So for my last payday of the year, 100% of my 401k contribution will go into the stable value fund, which will at last get me just slightly below 90% invested in stocks. I think a pullback soon is likely, so this will be a good place to be.
First time here?
They say we should buy low and sell high, but almost no one does it. So as my stock holdings crashed in 2008 I thought to myself, what if I tried it? What if I actually buy stocks when they are low and sell them when they are high, instead of just saying one ought to? It may be crazy but that is just the real life experiment unfolding here. In 30 short years we shall know the answer! Here are the results so far.
2010 Rate of Return: 17.0% (S&P 500 was 14.72% Total Return)
2009 Rate of Return: 29.4% (S&P 500 was 26.46% Total Return)
2009 Rate of Return: 29.4% (S&P 500 was 26.46% Total Return)
Friday, December 31, 2010
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