Happy New Year

Looking back at 2005, the market held up well considering what it had to endure. There was the nonstop rate hikes by the Fed, natural disasters and soaring energy prices. Here are the returns on the following benchmarks for 2005: DOW -0.62%, NASDAQ +1.37% and S&P 500 +3.0%. These aren't good returns, but it could have been much much worse. This year the active managers outperformed the index funds. It's about time! Well I have a small to do list for 2006. The first item on the list is to fund my Roth IRA. Like last year I'm going to purchase the Fidelity Contra Fund. I've had this fund since 1995 and it's always been a strong and consistent performer. Like I said before, I'm pretty conservative with my retirement portfolio and minimize individual stock holdings. The second item on my to do list is to aggressively raise cash for the remainder of the condo down payment. That means more sale of the company stock. And the last item is to really have some fun and start enjoying some of the hard earned cash! :) I think that's it for now...

Have a Happy, Healthy and Prosperous New Year!