Tuesday, March 1, 2011

February Portfolio Update

Year To Date Returns
Despite having taken my gains from the decline in gold stocks, I gave up those gains by being ahead of the pending market correction.  I have put money into inverse ETF's (they make money when the underlying index goes lower) since everything I have learned about these markets tells me we will end up lower than we are now.  Nobody can call the exact top for the markets.  In this case, it turns out I was too early. 

Even though the saying is that the market can stay irrational longer than one can stay solvent, I still expect to make up the difference, and then some, in the longer run.

The Basic Timing Model is doing slightly better than the TSX index as money makes its way into the stocks for larger companies - many of which make up the XIU ETF.
Two month return for TSX @ Feb. 28, 2011 = 5.37 percent
Two month return for Basic Timing Model using XIU = 5.4 percent
Two month return for Advanced Timing Model (my returns) = -2.7 percent
Money for charity = $411.27

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