Investment Update – 14 DEC 09

As of December 14th, 2009 :

2 Year Return:
 
The 2 year return of the 3M Investment club:  -1.3%
The 2 year return of the: S&P 500:  -24%
The 2 year return of the First World international index:  -30% …read more
The 2 year return of Fidelity’s Flagship fund (Fidelity Magellan):  -32%
 
Fun comparisons.  If we invested $10,000 two years ago, what would it be worth today? 

Because the markets are lower today, the answer would be less.  But how much less?  You can see that $10,000 invested in our club 2 years ago would have held its ground.  But it’s fun to see how well we did, comparatively:

$10,0000 invested…
 
$10,000 invested in the 3M Investment club 2 years ago would be worth:  $9,870
$10,000 in the EFA International index 2 years ago would be worth:  $7000
$10,000 invested in the S&P 500 2 years ago would be worth:  $7,600
$10,000 invested in the Fidelity Magellan Fund:  $6,800
$10,000 in The Royal Bank’s U.S. Equity fund 2 years ago would be worth:  $7,900
$10,000 in the Canadian TSX index 2 years ago would be worth:  $8,400 … read more
$10,000 in Apple stock 2 years ago would be worth: $10,300
$10,000 in  Dell stock 2 years ago would be worth:  $5,500
$10,000 in AIG stock 2 years ago would be worth:  $240 (no typo!)

To see a recent update, 3M members may login with their password and read the post immediately below.

Related posts:

1. Report – Ahead of the S&P 500 by 20% over the past 52 weeks!
2. Performance Summary – 23 July 09
3. Investment Club Defies the Odds
4. Investment Club: Current Holdings – the Report in Brief: 16 May 2009