May 2, 2011

Updown Performance : April +3%

Practice invest

My Updown account was UP 3.0% in April 2011.    The S&P 500 was up 2.8% in the month.   So I marginally beat the index by 0.2% for the month.

Altogether for the year 2011 I'm still about 2.2% behind the S&P 500 index.  

Previously I had pointed out that I had a lot of my funds in Updown in cash.   About 50% of my money was in cash and the other 50% was invested in various stocks.   I decided to increase my position in all of the stocks I owned so that I had more of my money in stocks instead of cash.    I bought abut 75% more of each stock that I had in the portfolio.   Now I'm about 10% cash and 90% stock but have the same mix of stocks as before.

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