Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (35255)	12/14/1998 7:28:00 AM
From: Moominoid	Respond to of 94695

Had you bought the S&P500 on Sept 1st with $As just how much would you have gained. % monthly returns of SP-500 price in Aussie dollars Sep-98 1.58 Oct-98 3.75 Nov-98 3.70 Dec-98 1.08 I use this info as part of the benchmark I check my performance against (45% SP500 in Aussie $, 45% First State Imputation Fund (one of the best Aussie mutuals), 10% Aussie Cash) and so had it to hand easily. That represents a simple practical passive investment approach for me. But of course the rally up till then was strengenthened by the rising dollar: Here is the index in US and Aussie $ at the end of each month: Dec-97 970.43 1712.16 Jan-98 980.28 1685.65391 Feb-98 1049.34 1786.54156 Mar-98 1101.75 1902.76516 Apr-98 1111.75 1969.94112 May-98 1090.82 2016.91879 Jun-98 1133.84 2157.10272 Jul-98 1120.67 2112.10946 Aug-98 957.53 1944.26801 Sep-98 1017.01 1974.89471 Oct-98 1098.67 2048.86071 Nov-98 1163.63 2124.60707 Dec-98 1165 2147.52872 The fall was a maximum of 10% from June to August. David