Archive for December, 2016

Congratulations..2016 Result for SPY…11.65%

Saturday, December 31st, 2016

December 30, 2016

You can close the books on 2016 by congratulating yourself for having stayed the course on SPY.

The 4,905 shares you started with on January 1, 2016 ( $1,000,000 ) are now worth $1,096,415. a gain of 9.64% and, don’t forget to add on the dividend yield of 2.01%….11.65% total appreciation.

Your $ 1 million is now worth $1,116,500……a gain of $116,500.

Your SPY portfolio…with one entry, SPY alone, has outperformed 84% of actively managed portfolios over the past 5 years.

Your welcome.

Happy New Year !

Richard Maurice Gore