Bookkeeping: ‘Rising Tide’ Performance Year 2, Week 4

Year 2, Week 4 performance of the mutual fundComments: Yawn. We continue to churn. [Churn] Despite all the hectic moves this week the indexes were not wildly different than where they they were at the end of last week. Or the week before. Or the week before. Four weeks ago the S&P 500 was 1296; today 1283 - or a -1% move in return for wild daily gyrations. The fund is almost exactly the same spot it was 4 weeks ago - one PENNY higher. Whoop there it is. Again - the brokers executing the trades are the only one amassing any real wealth the past few months. Fact of the day - the S…
Original Source: http://feeds.feedburner.com/FundMyMutualFund

  29 August, 2008| Fundamental Analysis | @ 13:20

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