For those who don’t know, Covestor is a portfolio sharing service where tens of thousands of self directed investors share their real trades. You can also follow them live for free. If you find a successful investor, you can even replicate their trade activities on your account.
As you can see in the picture above, our return month-to-date is 13%. Our return since inception is 15.46%. The inception is actually February 2010 when we opened our account and imported our transactions from our broker. Unfortunately, there was a technical difficulty with our account; so it wasn’t ready until last week.
It’s another Sunday; and it’s time for “Just for Fun” section. Every Sunday, we post something not related to finance or investment. It’s just for fun.
This week, we post a video from OkGo that has been viewed by more than 5 million times last week. We couldn’t explain in words; just watch it yourself.
Starting from today; we’ll write a posting in “Week in review” section every end of the week. This posting will contain summary of what’s happening in the news and blogosphere.
Canadian Capitalist wrote a posting that summarizes Budget 2010 from Department of Finance, Canada.
The Financial Blogger highlighted the fact that nobody could predict the interest rate in Canada by end of this year. One expert said the interest rate could be as low as 0.25%; another expert said the interest rate could be as high as 2.25%.
Compare the performance of closed-end funds (CEF) that tracks #S amp;P 500 - $CII, $ETB, $JCE - none of them beats $SPY - http://bit.ly/d0XKYV5 days ago