Pretty boring stats for 2011. On the first trading day of January my stuff ticked up from the close of 2010 and never dipped back to the 2010 level. Never went up much, but never went down either.
My low for the year was + .2% over the end of 2010. This was on January 10. My stuff hit a 2011 high on December 5, up 7.18% for the year. The year closed down a tick at + 6.80%. All in all, the narrowest range since I started tracking the daily portfolio value five years ago in January, 2007.
At the end of day, I'm thinking that I likely fared better than many with a 6.80% gain for the year. My old all Canadian, all the time would have a taken a real $#!^ kicking with the TSX off 11.07% for the year! Those with some US blue chip would have done better as the DOW gained 6.41% for 2011. The broader US market didn't do nearly as well with the S & P up just 1.06%.
They, whoever they are, say that so goes January, so goes the markets. Apparently in the past century or so, if the markets go up in January they close up for the year. So far, so good. Six trading days into the new year and North American markets are all up. Looks like today might be the first downer or the year as they're all off a bit in the first hour. Just have to wait and see.
Well, off to The 'Peg today despite what's looking like the first winter storm of the year. Worst case scenario...get storm stayed at the Brunkild Bar & Grill. Don't even ask. Not even sure if even Google Maps can find Brunkild.
My low for the year was + .2% over the end of 2010. This was on January 10. My stuff hit a 2011 high on December 5, up 7.18% for the year. The year closed down a tick at + 6.80%. All in all, the narrowest range since I started tracking the daily portfolio value five years ago in January, 2007.
At the end of day, I'm thinking that I likely fared better than many with a 6.80% gain for the year. My old all Canadian, all the time would have a taken a real $#!^ kicking with the TSX off 11.07% for the year! Those with some US blue chip would have done better as the DOW gained 6.41% for 2011. The broader US market didn't do nearly as well with the S & P up just 1.06%.
They, whoever they are, say that so goes January, so goes the markets. Apparently in the past century or so, if the markets go up in January they close up for the year. So far, so good. Six trading days into the new year and North American markets are all up. Looks like today might be the first downer or the year as they're all off a bit in the first hour. Just have to wait and see.
Well, off to The 'Peg today despite what's looking like the first winter storm of the year. Worst case scenario...get storm stayed at the Brunkild Bar & Grill. Don't even ask. Not even sure if even Google Maps can find Brunkild.
As always, Good Luck and Happy Investing!
No comments:
Post a Comment