UPDATE 7.8.2024: Since My Three Week-Long Investing Program was initiated, stocks have continued their upward trajectory. Today the DJIA is up 112% since 3/23/2020, and the S&P 500 is up 126%.
Originally posted February 24, 2021.
Due to a convergence in timing, I was able to make by far the biggest commitment to the stock market in my life during late March and into the second quarter of 2020.
On 31 March 2020, I posted My Three Week-Long Investing Program.
It led off, “I am ramping it up over the month of April and into May.”
I also posted the exact areas I was investing in and why. No way I could have expected such quick and massive returns.
As recently reported in the Financial Times, “the S&P 500, the broad US equity benchmark that holds the nation’s largest publicly traded companies, rose 74.9 percent between March 23 last year and the same date in 2021. That, according to strategists at Deutsche Bank, was the index’s most vigorous rise over any 12-month period since 1936.”
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