O.K., time for an update to see how the old shotgun investor is doing.
So, what with the stock market going to hell, lets see where I stand. Going from the initial account value of $5,000, I bought four investments.
I spent $2,013.52 for IOO, SAM, ASR, and WAG. Now they are worth $1,962.23
This takes into account a $7 commission per trade, but not taxes, because I lost money.
I started this whole shebang on October 29th, 2007.
In that same time, the S&P had a loss of 3.3%, while my scheme gave me a loss of 2.5%.
Whoopee!
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