Hmm, interesting. Note Eliot is not licensed financial advisor. But many investing gurus (including Warren Buffett, John Bogle, Yale endowment fund head David Swensen) said index is the way to go for individual investors who don’t have time or don’t want to spend time to do own research.
The first quarter is behind us. Just like a public company reporting quarterly results and holding conference call, I am going to do a quick review of my little portfolio. This quarter is a quite rollercoaster for me, as it did for many investors. The Jan and Feb started fairly strong and at one time I had more than 10% gain (I used google finance to track my investments). This is until Feb 27. In one day I lost all my 10% gain because of the loss of my Chinese ADRs (HMIN and MR each lost more than 10%).