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

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