Month End Summary - June 2008
June was a rough month for the DJIA. It dropped 10.2% in June. My account lost 1.78% for the month. I took a realized gain of $2,555.01 for June and delayed a loss on VIP where I’m down $1,000. I’m now destroying all the major indexes for the past year with my slightly positive 12 month return.
My current account value according to Quicken is $95,272.14 and according to TD Ameritrade is $95,294.53. I’m planning to make another deposit this week and if my account doesn’t take a dive I should hit $100,000 before my 37th birthday on Sunday, July 6th. I’ll post a screen shot when I get there, whenever it is. Here’s how I compare the major indexes:
12 month Return: +0.71%
Annualized Since 4/8/07 (blog’s beginning): +3.92%
Deposits for month: $2,500 on 6/5/08
According to Morningstar, here’s how the major indexes have done over the past 12 months:
1 year S&P Return: -13.4%
1 year Dow Jones Return: -13.42%
1 year NASDAQ […]
Original post by Alex Fotopoulos