The S&P 500 enjoyed five straight days of gains in the first week of 2010, finishing up by 2.68%. The Samurai Fund (TSF) did even better, outperforming with a 4.77% increase. It was a fantastic week for TSF, as our actual fund with 17 positions saw nearly an $80 million increase. We’re on track for a rewarding year-end if this keeps up!
I’ve added a permanent tab to help us track our performance and maintain transparency. If you’re one of the 17 contributors, please keep the updates coming. We’ll review the underperformers at the end of the quarter and might make space for three new participants. Remember, everyone’s performance counts in this competitive environment!
There’s a new poll on the sidebar about your earnings in 2009. It’s completely anonymous, so feel free to share. This will give us a better understanding of the income distribution in our community.
The Freedom Fund aims for a $1 million cash target by the end of 2019, primarily through safe investments like CDs. Since its inception in 2009, the fund has grown to $96,000.
We’ve also fixed the JavaScript error in the comments section, so you can now reply and add quotes without issues. Don’t hesitate to share links; they’re always insightful. Also, a heads-up on any typos or grammatical errors is much appreciated.
Looking ahead, we’re shifting our focus to money-saving strategies and will discuss the pros and cons of converting to a ROTH IRA. Keep an eye out for an upcoming guest post and a book review with a giveaway.
Finally, congratulations to our book giveaway winners: ThriftyGal, MBA Briefs, and runner-up George, along with MoneyReasons, @RCThinkWealth, and Investor Junkie. Make sure to email me your mailing addresses so I can forward them to the publisher.
Remember, continuous updates will keep everyone in the loop and foster a better understanding of our financial journey. Let’s keep the momentum going!
