2012 was a challenging year for many including myself. However, I am somewhat pleased to report that my 401K return for 2012 was 21.6%.
The return for my other account (through 11/30/12; reporting lags for some reason) was 29.5%. I am thankful to still be outperforming the S&P 500.
So, what can one learn from 2012? For me, it is to continue being consistent, working hard, and continue learning. I am currently learning linear algebra and plan to go through other materials from the MIT Masters in Finance curriculum. Although, I wonder how much is gained through education versus trading experience. I suppose both are valuable in their own way.
Here are a few examples of resources that I like to use among others:
- http://finance.yahoo.com/echarts?s=%5EVIX+Interactive#symbol=%5Evix;range=3m;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined; (VIX dropped dramatically after Fiscal Cliff deal was announced :) )
- Bloomberg radio, TV, CNBC videos with Art Cashin, etc...
It's tempting to blame the politicians for not resolving the Fiscal Cliff sooner. However, it seems more worthwhile to focus on what one can control. I'm guessing that my year would have been better if they had done so but I am hopeful for 2013.
Best of luck in your trading / investing. Cheers.
“Luck is what happens when preparation meets opportunity.” - Seneca
Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.