Monday, May 5, 2008

Trading Bot Week 5

The trading bot hits the big 2 0 this week.

Five weeks running ver. 1.2, five weeks winning. After a veeerrrry slow session last night, the bot banked another profit, now up 20.5+%.

Although no one's retiring (...yet ;-) ) off of this type of return, It's fun to keep it in perspective. A Google search for "best CD Rates" returns hits between 3.4% and 8%... PER YEAR. A quick peek at Morningstar's top performers shows their highest yield fund at 21.69% YTD, and the granddaddy of investment (and one of my favorite people), Warren Buffet's fund Berksire Hathaway has averaged just over 20% per year. Warren's been in the game for quite a bit longer, so I'll cut him some slack ;-)

Knock on wood, I'll be back for another good report next week. Until then, help me wish the trading bot a happy 20th percent day :-)