SIMPLE STUPID RRSP UPDATE & WHAT TO EXPECT IN A DOWN MARKET

The Simple Stupid RRSP ended November down about 1% (since it's inception in August). It was actually down about 5% at one point in mid-November before "recovering" somewhat.

I crunched some numbers for the TSX to put this performance in perspective and found the following. From 1982 to 2006, the TSX has ended the year down seven times during this 25 year period. The average loss for these periods was 8.9%. The largest loss was in 1990, when the TSX dropped 18%. I find these numbers interesting as they give some indication of what to expect in a down market.