Power of Compound Interest!
Did you know $500 contributed yearly compounded at 25% for 27 yrs = over $1 million !

Great Stock Investors.
  • 29% for 37 yrs. - George Soros
  • 21% for 40 yrs. - Warren Buffett
  • 29% for 18 yrs. - Eddie Lampert
  • 29% for 18 yrs. - Peter Lynch
  • 24% for 13 yrs. - Jim Cramer
  • 15% for 20 yrs. - Benjamin Graham
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Monday, February 18, 2008

RetireRichBlog Mutual Fund Performance

Using Marketocracy.com, I started a $1 million virtual stock portfolio in Aug 23, 2007 . Below is a screen shot of my current performance. In 6 months, I managed to have a paper loss of about $230,000. Not a great start. My biggest lost was $63,000 on Delta Financial(DFC) based on Investing guru Mohnish Pabrai's recommendation. When debt is high and historic fundamentals aren't great, I should have known better than to go on blind faith. The other house of pain stocks are Citigroup(C) and Washington Mutual(WM). But at least they pay a dividend...at least for now anyways. Let's see how the rest of the year plays out.

Click on the image for a closer look.











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1 Comments:

Anonymous retire rich said...

nice posting, have a nice investing
thanks

8:21 AM  

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