Well, after having a total return of 10.5% on January 20, the last two weeks of January weren't as kind to me and I ended the month with a total return of 6.1% YTD. That is actually a very good return for one month, especially when the TSX Composite had a return of only .5% during that same period. This is the index that I compare my performance to, as I primarily buy Canadian securities and it is my 'home' exchange.
Despite the recent weakness in the gold price (perhaps due to the Chinese being off work for a week for their New Year?), I am still pretty heavily invested in gold ETF's and stocks - HBU, HGU, ZJG, MTO, and K. I am also in some other metals miners - TKO, LIM, and PDN.
Also, the US markets are at an inflection point - the S&P is indicating sell and the Nasdaq just indicated buy - so you have to carefully pick your horses here. I bought the HSD (betting on the S&P going down), but I will be ready to sell it again if the markets don't, in fact, go down.
Rounding out my portfolio right now are EMA, DWI, LW, and MBT. Currently, I am 72% invested with the remainder in cash. I don't own any bonds right now but I have in the past so I may take a look at them.
The markets are a little uncertain right now so I am not sure if I want to more fully invested or not, but I do follow the moving averages so I usually do what they tell me. For Monday, some securities that have just indicated buy signals are HED, HVU, XVX, COS, LTS, PD and TCW (both drillers), and TBE. I will likely buy HED and HVU, betting on a market correction in the US (at least a moderate one), but I won't know for sure until Monday.
I have to be happy with my return YTD when compared to the markets - my goal remains to preserve capital and try to grow my holdings.
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