Entries tagged 'gold'
sometimes being dumb pays off
once upon a time last february, i went to purchase some shares in an exchange-traded fund and through my own extreme incompetence accidently ended up with shares in etf, an emerging market telecom fund. it wasn’t a lot of money, so i figured i would hang on to it for a while to see where it went and maybe it would at least recoup my transaction fees.
once you subtract out the transaction fees, it is up 19.3% as of today.
which is something i’m very happy with — but i’m also happy that gld, the fund i meant to buy into (and did), is up 20.5% over the same timeframe.
if only every one of my investments worked out so well.