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May 31, 2005
Portfolio Update
Well the key word in an Republican administration is volatility. The economy is in the crapper, inflation is running wild and the average American's life is going downhill faster and faster, but the stock market is doing great. I'm not sure what the relationship is between the decline of America and the range of the stock market, but it's definitely out of whack. Of course next week it could all be at a negative level because reality sets in. I'm still feeling over invested in Stocks, but Bonds are just too unstable with the efforts of the Republicans to borrow their way out of their own stupidity. The good news appears to be that the market is going to be down today, which is rare, it's usually always up on the day that 401k investments are made and then down the next day, so we all lose money while the wealthy walk away counting their cash.
This Weeks Actual Percentage: +5.289%
Last Weeks Actual Percentage: +4.598%
Best weekly percentage: +7.437%
Personal Rate of Return according to Fidelity for This Week: 9.3%
Personal Rate of Return according to Fidelity Last Week: 8.6%
Current Asset Allocation:
55.67% Stock
44.05% Bond
00.28% Savings
Posted by ManDrake at May 31, 2005 1:17 PM
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