Friday, April 03, 2009

O-Mazing

The O-Portfolio is O-mazing at its 1 month point.

By this point, its hard to imagine that O will ever be negative again. I'll keep tracking this, but only on a monthly basis.

One month ago President Obama stated, "buying stocks is a potentially good deal if you’ve got a long term perspective." On Tuesday, March 3rd, 2009, the Dow closed at 6,726. Today, the Dow closed at 8,018, up 1,292 points or 19.2%.

If the Dow went up 1,292 each month for a year, the annual return would be 230.5%
If the Dow went up 19.2% each month for a year, the annual return would be 723.5%

Those results are just... O-mazing

Update: I just read that the "the 25 percent gain by the Standard & Poor’s 500 Index since March 9, [is the] the steepest rally since 1938."

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