audreyh1
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There are other explanations:I therefore conclude that we as a group hold stocks with a higher beta than the S&P500. Either that, or our "rebalance" hurt us during the downdraft but helped during the upswing somehow. Comments?
Most bond funds were severely hurt during the downdraft - I mean absolutely creamed, yet they recovered dramatically too. I had bond funds up 16% or thereabouts with one of them up 31% in 2009.
That's why I was down so bad, yet recovered so well. Plus I did rebalance in mid-Jan.
And the S&P500 is a really narrow slice of the market. Other equity asset classes had quite different downdrafts and recoveries.
Audrey