Investment Update – 20 FEB 10
Our account hit an all-time high yesterday, and it’s recording a 12 month gain of 55.9%.
The S&P 500 is recording a 12 month gain of 40% and the first world international index is recording a 12 month gain of 46%
This is quite amazing—and we’re very lucky. Not only did our account not fall as far as the general market did during the downturn, but it gained further than the general market during the semi-stock market recovery.
The stock market is still roughly 25% lower than it was in 2007. But we are easily profitable since that date.
Needless to say, I’m both very proud of that and very thankful for our good fortune.
VEA – EAFE First world international index | SPY – Standard & Poors 500
While the 12 month gain is very impressive, it is even more amazing when you note that the account did not drop nearly as much as the index did during the downturn. Your investors are obviously in good hands