I thought yesterday was an interesting day of activity and news in the financial world, but today has been even more so. Unfortunately, I don't have the time right now to comment on the day's stories, but I will post a more detailed summary of the performance of our two investments as an update to this post and a full recap of the day's most important financial news, later this evening. For the time being, the raw numbers for our investments will have to suffice.
Day 10
Results upon NY close of trading -- March 23, 2011:
- Gold closed at $1,438.10 per oz, up $9.30 and 0.65% from yesterday. Silver closed at $37.42 per oz, up $1.04 and 2.86% from yesterday.
- VFINX closed at $119.98 per share, up $0.35 and 0.29% from yesterday.
Investment #1, Precious Metals:
- Percent return for the day: 1.76%
- Profit for the day: $1,686.65
- Total percent return: -2.5%
- Total profit: $-2,488.97
Investment #2, Vanguard 500 Index:
- Percent return for the day: 0.29%
- Profit for the day: $291.90
- Total percent return: 0.1%
- Total profit: $108.42
Advantage: Vanguard 500 Index, by $2,630.51
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