A few weeks ago, I wrote this article about my experiment with some battered market sector exchange traded funds in my rollover IRA.
Current Performance
So far, it has been right on pace with the S&P 500. It dropped about 7% in February, then it rose about 20% in March. They are doing well, but in this market anything can happen. I am confident that financials, real estate, and energy sectors will rebound at some point, and when they do, this retirement account will flourish. We are also going to open an IRA with Vanguard. We’ll pump more money into this account and invest in balanced growth mutual funds, bonds, and dividend appreciation funds.
What I Am Looking At Buying In The Future
I want to get into VWO, which is Vanguard’s emerging markets ETF. Also, I want to balance out the fund a little bit, so I am looking at BND and AGG. BND is Vanguard’s bond ETF and AGG tracks the Barclay’s bond index.
I will continue to update everyone once a month to let you know if I was a genius or an idiot to bet on financials and real estate right now.
