The market ended the year with a decline. There are three popular predictions in the market: first, interest rate will go up (10 year bond will top 4.5%); Second, the market will move up (S&P 500 will top 1250); Third, crude oil will go up to 85 and beyond. I can not see these three things happen together. At least one of them has to go down for the other two to move up.
I started up my portfolio at the beginning of Nov. My objective is to minimize risk while to outperform the market in long run.
Closing value
Portfolio 1 (U$): 110436 (starting at 110000)
Portfolio 2 (C$): 80812 (starting at 80000)
No comments:
Post a Comment