I know this is a bit late but I finally got around to calculating my 2008 portfolio return. For some reason this year I was not as motivated to know how much money I
Given that most markets went down at least 30% we did quite well with only a 17% drop.
Canadian Capitalist has listed all the 2008 asset class returns for comparison.
My asset allocation at the beginning of the year was as follows:
- Bonds – 20%
- Real return bonds 5%
- Canadian equity – 19%
- US equity – 27%
- International equity 29%
Part way through the year I converted about 5% of the bonds to REITS which was not a good move! 🙂
You might be wondering how I only had a 17% drop with this allocation – I’d like to claim some sort of market timing skill but the reality is that a good part of our equity was out of the market for most of September and October (ie the bad months) because they were being moved to RBC. Once at RBC, we took our sweet time buying back in. This probably added about 5% to our return for the year.
Does anyone else have any “lucky” investment stories from last year?
Here are some returns from other bloggers
Pinyo from Moolanomy.com was down about 35% – his portfolio is pretty close to the S&P500.
Canadian Capitalist was down 22% for the year.