I can't believe the Santa rally is going up again! Well, I'm still over 90% in stocks, so assuming the rally holds to the end of the day I'm going to make another 1% move out of stocks today.
You might be wondering about excessive trading. Good question. As I understand it, I'm ok as long as I'm going the same direction. Excessive trading in my plan applies to "round trips" in any particular fund of over $1000. Let's hope I've got that right. :-)
Year-to-date rate of return after today's close: 16.6%
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)
Tuesday, December 21, 2010
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