| Jan 24, 2011 | today | % Change |
My Portfolio | $99,994.75 | $103,366 | 3.92% |
S and P 500 | 1282 | 1293 | 0.86% |
FTSE 100 | 5943 | 5762 | -3.05% |
Commodities Index (GSG) | 33.99 | 36.95 | 8.71% |
20 Year Treasury (TLT) | 92.43 | 93.17 | 0.80% |
US Dollar Index | 78.30 | 76.76 | -1.97% |
Markets absorbed the Japan tragedy and Libyan war and kept chugging ahead. No portfolio changes to speak of this week.
I still have a gut feeling that commodities will be giving international equities a tough fight for 2nd place in the near future but as of today, they are still in third. But, I don't invest on gut feelings. When it does happen, I will most definitely be buying more silver. It is way underpriced. If fact, it should be closer to 80 or 90 bucks an ounce based on its historical price relationship with gold.
Remember, it all depends on what timeline you are using to make your investment decisions. If you are a trader, you are loving this market because of the violent swings in prices. If you like options, especially 'straddles', you really love this market. I am not a trader and I am not into spending hours and hours a day just to find the perfect option play.
I am an active investor and my timeline is in months and years. Not days.
For now, full steam ahead. Happy Investing!
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