12.30.2011

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 comment:

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)

Seems legit

WSJ : Calpers’ stock portfolio returned minus 13.1%, while bonds returned minus 14.5%, the pension fund said. Those losses delivered a doub...