One of the great things about funding your Roth IRA every January — something everyone should do if at all possible — is buying something new, watching it go up a hair the next day, and seeing some absurdly large number in the annualized-gain column of your portfolio. 1,500% annualized gain! Or, more accurately, up 54 cents. Something tells me VNQ won’t keep up that pace for ever.
(For the curious, the other three equities are EPP, HFCGX, and VWO, each of which has done well for me and which I’d recommend to any investor with a long time horizon.)
Update: Now up 5,990%! Updated update: Er, 11,106%!
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Joshua Benton is the director of the Nieman Journalism Lab at Harvard University, among other things. Before that, he was a staff writer and columnist for The Dallas Morning News. (More.)
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