As Zebedee said, this just brings last year up to a two-year average return. I think I was down 5 percent last year, so on average I got roughly an 8 percent return over the past two years. That's not spectacular, but I think it's right around the long-term average for the market. All I need is average, so I'm good with it. [Reply]
I had a great year with mutual funds, but a guarantee for an individual stock to take a dive is for me to buy it the week before. I've proven to be a noob losing in this market.
Stock markets start the year on a high as China raises spending
Shares jumped after Beijing moved to shore up flagging Chinese growth
Originally Posted by :
Beijing moved to shore up flagging Chinese growth on Wednesday as its central bank pumped an extra 800 billion yuan (£86.7bn) into the world’s second biggest economy.
The People’s Bank of China’s decision to cut the level of reserves to be held by its commercial lenders - opening the door for extra credit growth - comes amid concerns the Chinese economy could weaken further still in 2020 after its worst year for nearly three decades.
Thanks for that roundup on your previous post, Rainman. Always interesting to see how things went. I still have Calavo growers on my watchlist.
My annual IRA deposit went in today. By the time I logged in to get some purchases going things have already shot up again today :-)
This has been a heck of a run up [Reply]
