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bar1080

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bar1080

Re: VeronicaFox post# 995

Saturday, 01/06/2018 12:51:07 PM

Saturday, January 06, 2018 12:51:07 PM

Post# of 1380
Performance of Pennyland versus S&P 500 in 2017.

While there's no OTCBB or Pink Sheet stock average, the NASDAQ Capital Markets (Nasdaq-CM), NASDAQ's lowest tier, can be seen as a somewhat higher quality surrogate for Pennyland.

NASDAQ-CM can be tracked with the obscure ^RCMP Composite Average which rose about 19% in 2017. The S&P500TR average (The S&P including dividends) rose about 22% last year.

The broad NASDAQ did have a strong year in 2017 (up 28%), but not its lowest tier.

Who needs low quality stocks? Not me. They're sluggish performers in good years and they're dreadful in market meltdowns.

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Because the Good Life is Just a Pump or Two Away

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