On October 22, 2019 the Dow Jones Industrial Average was 26,823 (market opening). Today, October 18, 2020 the Dow Jones Industrial Average is 28,607. The DOW improved 6.65% in the course of one year (technically 361 days). On October 22, 2019, I started out with $10,000 in a value investing based railroad fund. Today, the …
The last two days have been expensive. Norfolk Southern’s value has dropped to $190.07. I currently have 49.060606 shares in the fund bought at two different prices two days ago. My total investment is $10,000. Thus, the current market value is $9,324.95 meaning the fund has decreased $675.05 in two days!
Today is November 15, 2019 and Canadian Pacific Railroad recovered in accordance with my railroad fund investment model to $241.47 per share. The value investing model automatically sold at $241.47 and the price per share continued to climb to $241.86 when the market closed at 4 PM. This sale generated a 9.31% return on the investment over 27 days. Annualized return is > 100%.