Congratulations..2016 Result for SPY…11.65%
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
