11/23/09-12/4/09
profit sharing
profit sharing
Take the Index Piker Challenge
- Thread starter Index piker
- Start date
11/23/-12/4
IRA
IRA
2week return 11/23-12/4
11/20 start balance 880,545
12/4 ending balance 909,647
3.3% gain
1/1/09 $436,276
12/4 $909,647
108.5% yearly gain
IRA
Profit sharing
12/4 ending balance 909,647
12/11 value 883,830
loss of 2.83% for the week
1/1/09 $436,276
12/11/09 value 883,830
102.58% year to date gain
I've signed up with timer trac but it seems a colossal waste of time.
In no certain order here are my reasons.
1)As a non professional,they don't
have the securities or funds that I
use.
2) I have no interest in managing other
people's money with this strategy.
The market is too shallow and quite
frankly investors would bail when they
should be contributing.
3) Verification of my previous gains is a
real problem. Since these are real
accounts and represent 90% of my
assets I take security pretty damn serious.
I won't be disclosing my account
numbers to someone on the net and
be automatically trusting of their
security without some pretty hefty
lawyered up guarantees of restitution should they screw up.
I'm not opposed to posting my monthly account summary history
with the sensitive information deleted and I know even timer trac won't convince the naysayers so it matters little.
In no certain order here are my reasons.
1)As a non professional,they don't
have the securities or funds that I
use.
2) I have no interest in managing other
people's money with this strategy.
The market is too shallow and quite
frankly investors would bail when they
should be contributing.
3) Verification of my previous gains is a
real problem. Since these are real
accounts and represent 90% of my
assets I take security pretty damn serious.
I won't be disclosing my account
numbers to someone on the net and
be automatically trusting of their
security without some pretty hefty
lawyered up guarantees of restitution should they screw up.
I'm not opposed to posting my monthly account summary history
with the sensitive information deleted and I know even timer trac won't convince the naysayers so it matters little.
ira 12.20
12/11beginning balance 883,830
12/18ending balance 844,847
loss 4.41%
1/1/09 $436,276
12/18 844,847
year to date gain 93.6%
Sorry for posting last weeks returns late.
Today's price action 12/21 was unusual.
Normally daily return follows very closely with the s&p 500 just with more volatility.
The difference today was the s&p was up 1% and the fund was down 1%.
Suspect significant pullback is in the works.
Today's price action 12/21 was unusual.
Normally daily return follows very closely with the s&p 500 just with more volatility.
The difference today was the s&p was up 1% and the fund was down 1%.
Suspect significant pullback is in the works.