Freedom56
Thinks s/he gets paid by the post
+5.79 YTD. re-invested cash in Barclays, Enstar, Discover Bank, Capital One Financial, and Ally short and medium term notes.
I stick with convention of Equity/Fixed/Cash. Every poster is not necessarily following that.I'm a newby here. Please explain the AA convention: does that represent stocks/bonds/cash?
I'm a newby here. Please explain the AA convention: does that represent stocks/bonds/cash?
YTD return is now nearing 100%. Account is 80% cash right now so the risk is fairly low at the moment. Trading commissions are starting to get annoying...over $1300 now for the year. I guess this is why people use index funds...much lower cost. Still, 100% return is better than most broad index funds so I guess it is just the devil you deal with.
So, you started out with ~$45K, invested it after January 1, then sold it with a 100% short term capital gain? Wow!YTD return is now nearing 100%. Account is 80% cash right now so the risk is fairly low at the moment. Trading commissions are starting to get annoying...over $1300 now for the year. I guess this is why people use index funds...much lower cost. Still, 100% return is better than most broad index funds so I guess it is just the devil you deal with.
So, you started out with ~$45K, invested it after January 1, then sold it with a 100% short term capital gain? Wow!
I could guess, but look at this page:I am amazed by how well most of the posters are doing in this thread, outperforming the market.
If there's no detail on a YTD number, doesn't mean much to other posters. Still, fun to watch.
Right. Also, I don't think this is a "chase the winners" group.