Wednesday, August 25, 2010
USA Yesterday Portfolio PSDS Scan 12-31-2009
The USA Today is read at airports, hotels and coffee shops everywhere. It is not the WSJ or an academic journal and the data are not without a few errors but it is an interesting sample of where Mr. Market had most of his 401k money as of yesterday 8-24-2010. There are only 14 funds in the scan because PTTRX and PTRAX are the same fund which held 239 Billion dollars of Mr. Markets money yesterday. The scan shows that Mr. Market on a 5yr basis is making money even though as of year-to-date yesterday 8-24-2010 all but two of the funds are losing money. Keeping things in context is important.
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