Ryan
Jan 4th, 2009
Jan 4th, 2009
And the Winner is… Well, Not Me, but I Still Beat the Indices
The Dow Jones Industrial Average ended 2008 down 33.84%. The Standard & Poors 500 ended 2008 down 38.49%. The not as well known but very useful Dow Jones Wilshire 5000 ended 2008 down 38.68%. All of those numbers are horrible.
Vanguard helped me by doing their homework on my model portfolio; their calculations say that I ended 2008 down 29.7%.
While I usually hope that I can beat the indices (and sometimes I do!), this isn’t really one to write home about–it’s the very definition of a hollow victory. Oh well. I’m hoping 2009 will be a heckuva lot better!
[...] ought to be a relatively minor factor in determining the performance of the portfolio this year. My portfolio outdid the major indices in 2008; we will see how this does after these changes in [...]