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!)
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