We loves us our acronyms! Most readers know thatSWI is the Swiss Watch Index. Our new abbreviation is the Model Portfolio Index.
So, here goes:
In last week’s adventure, the SWI stood at $56.03, up from the original $50 price of the watch. Today, the SWI stands at $56.96, up 1.6% in one week!
We beat the DOW today, but are still down for the three weeks we have been doing this experiment – it was at 12,810.54 when we started, down 2.3% for the three weeks. Meanwhile, our MPI is down 4.91% – so, not a good start. But, we’re in for the long haul, right?
Here’s our MPI report: