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2015-05-19

  • quixote1 commented on Vera Yuan's article 05-19 19:43
    Model Portfolio Review – May 19, 2015
    In the past six years, the S&P 500 gained 24.71% in 2009, 11.65% in 2010, 0% in 2011, 12.1% in 2012, 31.8% in 2013, and 11.39% in 2014. The market...
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    quixote1 05-19 20:43
    • Good numbers but there is trading cost and taxes.

      If you apply an average 25% capital gains tax and some commisions the main winner is the SPY IMHO.

      I figure that 20 companies bought at the beginning of 2009 and never sold could beat the market on a after tax and costs basis ....if you apply the buffett-munger filter or the undervalue predictable.

      Anybody can check that portfolios of 0 turnover over those years ?

      Thank you.
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