Every month, I give a bit of detail on how my net worth did the prior month. This post will detail how I did in February 2007.
In February 2007, the S&P 500 was down 2.16%. My net worth did much better and was down only 0.08% for the month due primarily to the fact that I keep saving every month. So basically, the market's declines were offset by my saving for the month. It's not the best case scenario by any stretch of the imagination, but still, I did much better than many people who took big hits the last couple days of the month as the market plunged.
That said, my net worth is up only 0.81% for the year through the first two months. At this rate, I'll be up 4.86% for the year which would be my worst performance since I've been tracking my net worth. But there's still a lot of year left and last year looked bad too until I made a big comeback in the second half of the year. Maybe the same thing will happen in 2007. ;-)
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