Dec 15th, 2008
It’s Cold in November: My Model Portfolio Performance in November, 2008
If you recall, I wondered if we may have hit bottom when I reviewed the performance of my model portfolio in October a few weeks ago. Now it’s clear we didn’t, although the performance of the stock market was not nearly as horrid as it was the month before.
The Vanguard Total Stock Market Index (VTSMX) fund continued its fall, this month down another 7.9%; the T. Rowe Price International Discovery (PRIDX) fund also fell, a bit less than the VTSMX fund, down 7.45%. The bright spot (as it has been for most if not all of this year) continues to be the Vanguard Total Bond Market Index (VBMFX), which was up a nice 3.67% for the month.
All told, it’s been a rough year for investing; the VTSMX fund mentioned above, which represents the domestic stock market, ended November down 38.19% for the year! Here’s to better days lying ahead.
