Tuesday, June 24, 2008
PHO (Powershares Global Water)
Special thanks to Tommy. Today I checked my investment account, I made 15% returns over the last quarter in PHO (Powershares Global Water) index fund. I'm happy with 15% in 3 months, but certainly don't expect the growth to sustain itself. Over the last 12 months I am still down about 12% in SPY (S&P 500 indexed fund). So - thanks for the good tip Tommy - It has essentially offset my losses in SPY.
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