June 2, 2010

Updown Performance : May down 6.3%

Practice invest

My Updown account was down 6.3% in May 2010 while the S&P 500 was down 8.2% so I beat the index by 1.9%. 

For 2010 I'm up about 3.8% which is 4.5% better than the S&P 500.

Since starting in March 2008 I'm up 6.4% while the S&P 500 is down 18.1%.

The market was beat up pretty bad this past month.

I bought another chunk of FRE at $1.20 simply speculating that it will bounce up again.   I also bought some NMM to add to the previous purchase of SB.   Both are shipping companies with pretty high dividend rates.

No comments:

Post a Comment

I'm starting to get too many spam messages in the comments so I'm turning on moderation. Please be patient and wait for your comment to be approved. Note it may take up to a few days for approval, thanks. I've also had to remove anonymous posting of comments to cut down on spam and pure stupidity.

Blog Widget by LinkWithin