A while ago, I posted about investing your money that's coming from the "stimulus package" that the government has approved.
Well, I wanted to give you an update on how well I've done as an example of what you can accomplish if you do end up investing the money.
I told you all about my investments on February 28th. Here we are, 2 weeks later and here's the results:
APPLE - AAPL - 9.16% increase
LEHMAN AGG BOND FUND ISHARES - AGG - .25% increase
STREETTRACKS GOLD TRUST - GLD - 5.68% increase
OCCIDENTAL PETE CORP - OXY - - .17% decrease
S&P 500 INDEX SPDR - SPY - 3.57% decrease
UNITED STATES OIL FUND LP UNIT - USO - 9.44% increase
Average: 3.465% increase
I took a beating on the S&P index, but just about everywhere else, I had very tangible gains.
That means if you took your and your spouse's $1,200 check and invested how I did, you would have made $41.58 for those two weeks for doing absolutely NOTHING but investing it.
Had I not invested in the S&P index, my average would have been 4.872% increase, or $58.46.
What does this mean for you and the economy? It means that if you invest your money, you'll be putting that money back into companies that provide jobs, goods, and services to Americans. Hell, if you invest in a Chinese company, you're still going to be taking advantage of everything they do, and thus, make money from them.
For example, if you take the $1,200 and simply buy a new TV, you've given that Chinese company another sale and a profit. However, buy shares in that company, and now every dollar they make, they owe a percentage of that to you. Of course, it's a little more complicated then that, but you get the idea.
There's a reason why America is number one in many areas, including the size of our economy, and when it gets into trouble, the easiest thing to do to fix it would be for everyone to roll up their sleeves, and start practicing fiscal conservatism. It'll benefit everyone involved.
Travis
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