We’ve continued to distance ourselves from the market this week.
I’m not normally one for giving short term performance numbers (because they don’t tend to mean much over the long haul) but I am happy to see that our account is only down 6% during the past 52 weeks. I’ve made comparisons with the mutual funds from CIBC, Royal Bank of Canada, Investor’s Group, AIM, MD Management and TD. I’ve also looked at the funds on the American Funds website.
We’ve beaten every diversified equity based mutual fund I could see.
I hope to do well over time, but a result like this is purely a fluke. We’ll do well, I believe, but something like this is like flipping heads a dozen times in a row. It’s not something we’re likely to repeat, so I’m having fun with it–as aberrational as it might be.