November 27, 2007 – I liquidated the portfolio and put it all into gold, ending with 16,337 shares of IAU – avg price $77.70 Total Value – $1,329,020.80 – (The fantasy portfolio had gained 20.16% since it’s inception in February ’07 with $1,106,000)
Current Value – $1,551,292.37 – 16.72% since 11/27/07 – 40.26% since 2/21/07
My view hasn’t changed. There is no reason to be confident enough to enter the stock market at this point. My advice…check your 401K options and see if you can park it all in an ‘Inflation Protected Bond Fund’ or short of that, a money market account.
