2009 Asset Performance
How did various assets perform last year? Here is my regular run down of key assets I like to watch. New for this year, residential real estate will be tracked from now on. I came to the conclusion that home prices are important because it is a large opportunity cost for most people. Whether one ties up capital in their home or not, will likely have a major immpact on the final investment performance over their life. For America, I'm planning to track the widely known S&P Case-Shiller Home Price Index (I'm going with the broader one with the most cities.) For Canada I'm planning to track the GTA (Greater Toronto) home price that is reported by the Toronto Real Estate Board. Barring a move, I suspect I'll live in Toronto for the rest of my life so that's what I chose to track. Looking at the final numbers is kind of like looking at the ending of a movie without knowing how the movie played out. This year, especially, is one where the plot mattered a great deal. M...