Last quarter’s devastating investment performance resulted in an overall annualized return of -9.33%. The fact that the S&P 500, the benchmark I use for my investments, faced a -15.14% annualized return at that point was little consolation. The third quarter of 2010 proved to be kinder to my investments.
I can’t take much credit for the improvement. Other than continuing to invest in small basket of investments in my 401(k) every other week, and a discounted investment in my company stock purchase plan at the end of the quarter, I haven’t made any changes investment moves. In fact, two of the four investments I purposefully chose over the past few years, not including index mutual funds and retirement investments, are in the red for the year.
Microsoft, shares of which I purchased in 2006 with free money from ShareBuilder, is down an annualized -23.84% in my account for the year. I bought shares of Toyota at the beginning of the year, after news about vehicle recalls. I thought the bad media would result in just a short term dip and an opportunity to buy, but I didn’t choose the bottom so I’m still waiting for the price to return to the level it was when I purchased.
Keep reading to see my investment balances and performance as of the end of September 2010. Feel free to leave comments, suggestions, and questions after taking a look at the data. The numbers come out of Quicken, which I keep up-to-date several times a week.