Perfect Portfolio Update
The month of October produced solid gains for The Perfect Portfolio. The four markets we track in this portfolio are all ETF's. We believe that this is a very conservative portfolio and one that will produce excellent returns in the next 36 months.
So how did we do in October?
The big winner for us was USO, the ETF that tracks crude oil. This market produced our best return of the month with a gain of 8.86%. Next in line was the gold ETF, GLD. This particular market produced a gain of 3.72%. Third is the ETF market that tracks the Euro symbol, FXE. This market showed a modest gain of .53% for the month. The only loser for the month was the ETF that tracks the S&P 500. You may remember that this market was slammed on the last day of trading in October. Nonetheless, the loss in this market was a modest 1.8%.
Collectively The Perfect Portfolio produced a monthly return of 2.8%. Given the volatility in the last week of trading we are very happy with this positive return.
Please see the ETF numbers below and the markets they track.
We will be posting these numbers every month so you will be able to follow along and track our progress.
All the best,