Say Hello to the Larry Portfolio
Now that 2011 is behind us, it's important to get a few things straight.
Although the S&P 500 was down in nominal terms from year-end 2010 to year-end 2011, an investor in the S&P 500 tracking stock, the SPDR S&P 500 (SPY), earned a return of 1.88% before commissions and taxes. Keep in mind that five-year U.S. Treasuries closed the year yielding less than 0.83%. The primary return driver was, of course, dividends. For those holding the SPDR Dow Jones Industrial ETF Trust (DIA), the total return was a whopping 8.05%....589 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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