Quote:
Originally Posted by alnorth
ahh... 2008 was rather awful, I lost about 40% in that year.
well, its possible that what you may have invested in did very poorly, I don't know. I believe that I was pretty thorough in diversifying. When I only look at 2008 to present annualized rate of return, I basically broke even at about +0.6%. The company I work for is very big and can negotiate low fees though, so maybe closer to retail I would have lost money, but not as much as you did.
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EJ and UBS. We were doing about 12% a year but that wasn't nearly enough to get back to even after more than four years. And I am unwilling to continue in this extremely volatile market.
Again, good luck!