LiveRocket - Year in Review
After 1 year, we achieved the following returns:
LiveRocket - 34.3%
DJIA - 17.3%
S&P - 14.9%
NASDAQ - 12.8%
Our portfolio consists of exactly 1 stock: 500 shares of ILMN.
I started the year feeling very gung ho. The economy was strong and I felt that it would only get stronger.
I am ending the year feeling less excited. I see an economy running more on fumes. I see near-term shocks from consumer exhaustion and from the housing construction collapse. I see inflation pressures.
In other words - I am getting ready for a shift in stock selection. Please see my next posting
LiveRocket - 34.3%
DJIA - 17.3%
S&P - 14.9%
NASDAQ - 12.8%
Our portfolio consists of exactly 1 stock: 500 shares of ILMN.
I started the year feeling very gung ho. The economy was strong and I felt that it would only get stronger.
I am ending the year feeling less excited. I see an economy running more on fumes. I see near-term shocks from consumer exhaustion and from the housing construction collapse. I see inflation pressures.
In other words - I am getting ready for a shift in stock selection. Please see my next posting
posted by Andrew at
3:35 PM
3 Comments
