My Updown account was UP 0.1% in January 2011. The S&P 500 was up 2.3%
Since starting Updown in March 2008 I'm up 25.2% while the S&P 500 is down 1.6%. My annualized return is 7.3%.
I haven't been doing great compared to the index lately. For five months in a row from September to January the S&P 500 performed better than my portfolio. In that 5 months my Updown is up 13.8% cumulative and the S&P 500 rose 19.9%.
Trade activity for January:
Sold GM at $37.50. That is almost a 10% gain in less than two months. I bought GM purely for short term speculation and cashed out when it went up.
Sold HYG at $90.90. I decided to dump it since I don't expect bonds to go up forever.
Sold KLAC at $44. I cashed out half my holdings after hit exceeded 10% increase.
There is No Better Time Then Now to Start Investing - How often would you say you think about your future? And, by future I don’t mean tomorrow. I’m talking 20 years from now. Heck, maybe even 40 years from no...