Any time we have stock markets rally like we experienced today, we can expect some good numbers from our investments. As the Dow had its biggest one-day increase in four years (283 points, or 2.09%), our wealth also got a boost with a number of stocks and funds posting 2.00+% gains, including:
Blackstone Group (BX): 2.81%
China Life Insurance (LFC): 2.70%
Taiwan Semiconductor (TSM): 2.54%
Tocqueville Gold Fund (TGLDX): 2.52%
Powershares Global Water Portfolio (PHO): 2.41%
CGM Focus Fund (CGMFX): 2.34%
Procter & Gamble (PG): 2.23%
Bank of America (BAC): 2.10%
Nortel Network (NT): 2.02%
With the only exception being GreenTech, which dropped 2.11%. On paper, our investments added more than $8,000 in value. That, however, is only half of what we lost on February 27th, when the Dow tumbled 412 points.
Well, a 283-point rally is not something we can hope to happen very often. If you ask me, I’d rather have 56 points every day for five days than 283 points in one day. Who knows what will happen tomorrow.
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