WC Varones

Don't lend your hand to raise no flag atop no ship of fools

Flat is the new up

... and it doesn't get much flatter than the S&P 500 this year. It closed at 1257.60 compared to last year's 1257.64 for a loss of 0.003%. But you got 2% in dividends at least. Small-caps, foreign stocks, and emerging markets all did much worse.

Meanwhile, gold was up 11%, and up for the tenth year in a row.

1 comments:

SarahB said...

So how many years has it been now that you have to be grateful to gain nothing? (and I count myself in that crowd)

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