2017 February Monthly Update

Slack Investor remains IN for US, UK, and Australian index shares.

Please forgive the early call … but all markets had an ebullient month … and I am off on a holiday. The great advantage of a monthly system for index funds is that no decisions need be made until early April after analysing the end of March charts.

February 2017 has seen rises, in the 3 markets that Slack Investor follows. I am always glad to be able to raise the stop loss on any of my index funds in a hope to trap any hard fought gains. The US market (SPY) had a rules-based rise in stop loss from 199 to 208 – small … but every little bit counts!

The SPY is 236.74 at the ‘end’ of February – a 140% increase since the initial buy. The Australian, and UK markets were bought much more recently (2016) and have had modest increases of, respectively, 8.6% and 8.5%. All rises are based on end of month prices only – Dividends and transaction costs are not included.

I beseech dear readers to mine further on the Slack investor ASX Index, US Index and UK Index pages for updated details – and a look at the charts. Next monthly index update early in April.


Discover more from Slack Investor

Subscribe to get the latest posts sent to your email.

Leave a Reply