9.01.2007

Mutual Fund Portfolios Weekly Update 8/31/07

The WylieMoney portfolio of mostly managed mutual funds breaks the tie and pulls ahead of the Three index fund portfolio. If I had invested in the S&P500 index or in a portfolio of ETFs covering the 20 categories I am watching, I would have lost money, but all the other portfolios are showing slight gains for the 4 month period.


Despite all the turmoil in the market, this year is looking pretty average as far as performance overall goes. On track to return 10%, Summer being more volatile and showing lower returns, etc. We won't let that fool us, however. There is no 'average' market and while everyone is focused on sub-prime mortgage impacts, it is often the forgotten arm that lands the worst punch!



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