Wednesday, September 30, 2009

7th lessson

7th lesson: Higher gains are needed to compensate losses (see table below). Well, this is a lesson that I have to re-remember. And since I am likely to inject capital into my portfolio during times of distress, I may need smaller percentage gains to recover from my losses (in dollars terms).
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Gradually switching to ETFs

Year-to-date, my stock portfolio is down 10%, mainly due to losses in individual stocks.  On the contrary, the ETFs in my stock portfolio he...

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