Well I thought I would check on the mock portfolio to see exactly how well the companies I thought would do well and I would buy if I had means to do so and invest were performing.
The answer is:
22%
Now ordinarily if you speak to any financial advisor or Hedge-fund Manager they are going to tell you that getting just a 9% return on your investment is a really big deal so 22% really stands out.
Currently as of September 13, 2019 close of the Dow Jones Industrial Average (DJIA) you would be getting a 16.7% return on your investment.
William, I have no idea what you are talking about what exactly does that mean, you forget I do not know anything about Wall Street?
What it means is that if you gave me $1.00 on January 1, 2019 and your average investment advisor $1.00 that as of the market close on September 13, 2019 and you asked for your money back I would be giving you $2.11 while the broker would be giving you $1.16 or less based on their choices.
So lets see how we did:
(Remember we own 2 shares of each stock)
1/2/2019 9/13/2019
Alibaba (Baba) $161.74 $179.09
Nvidia (Nvda) $156.25 $181.80
ResMed (Rmd) $108.46 $132.19
Amazon (Amzn) $1453.54 $1838.38
Alison Engines (Alsn) $42.90 $47.50
T Rowe Price (Trow) $106.45 $118.94
Iqiyi (IQ) $22.24 $19.75
Wash Real Estate (Wre) $27.80 $27.79
Nike (Nke) $78.18 $87.22
Unilever (Una-NL) $47.58 $54.43
Previous value: $4,410.48 New: $5,374.18 = 22%
Profit: $ 963.07
Dow Jones $23,327.46 New: $27,219.82 = 16.7%
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Donations: Paypal: williamswallstreet@gmail.com this is meant for entertainment and educational purposes only investments and purchases are your choice and I always recommend speaking with a licensed financial advisor before making any investment decisions.
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