The objective of the website is simple - demonstrating that using simple investment research can help anyone make money through investing.
Thursday, July 23, 2009
Update on Index
After about 3/4 of the month of July, the S&P is up 6.2% while the index I created is up 4.1%. Not a great start, but it will literally take years to find out if this strategy works. One thing that hurts the performance compared to the broad market is that the index is pretty much devoid of financial stocks while happen to have had a good run, or cyclical materials.
The stocks being chased right now are largely recovery plays. Your index still has a good chance of outperforming later.
ReplyDeleteGreat news great info
ReplyDelete