Chuckanut
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
The headline in today's WSJ says the DOW was up almost 6% this year.
Some dope putting his money into an index fund of the S&P 500 would have broken even.
How can this be?
The good folkswho keep these records must have miscalculated or started celebrating the new year too early.
We all know that the political situation is a mess, the US Government was downgraded, Europe is in a Euro crisis, there was upheaval in the Mid-East, earthquakes and Sunami in Japan, wars and threats of war abound, and the list of bad news goes on.
Obvioulsy, these people should be looking at huge losses in their portfolios. Somebody figured things wrong.
Some dope putting his money into an index fund of the S&P 500 would have broken even.
How can this be?
The good folkswho keep these records must have miscalculated or started celebrating the new year too early.
We all know that the political situation is a mess, the US Government was downgraded, Europe is in a Euro crisis, there was upheaval in the Mid-East, earthquakes and Sunami in Japan, wars and threats of war abound, and the list of bad news goes on.
Obvioulsy, these people should be looking at huge losses in their portfolios. Somebody figured things wrong.
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