Posted by Tim Stobbs on May 2, 2008
Alright I manged to dig up some data for my investment results in 2007. I should caution I’m only going to focus on my RRSP and RESP accounts today. I don’t have the same data as easily available for the taxable accounts.
So here is the breakdown:
My RRSP made 5.12% in 2007
My Wife’s RRSP made 6.51% in 2007
The RESP made 2.96% in 2007
So if my goal is to make 8% a year I’m in trouble. Yet there is a bit of a hope still. As I also have our longer term annualized return.
From Jan 1, 2003 till Dec 31, 2007 my RRSP had an annualized return of 11.86% while my wife’s RRSP made 10.01% over that same time frame. The RESP has only been around from Sept 2005 and it has made 7.34%.
Overall the long term numbers I’m happy with but this year so far are dragging those good results down. How bad? Well as of our March 31, 2008 statement our long term averages were down to 8.73% for my RRSP and 7.55% for my wife’s RRSP (and I can’t find the latest RESP statement).
Yet I still need something to compare this against. So here we go. The global couch potato by Moneysense is very similar to mine. So it’s performance should make a decent benchmark. Over the last five years it’s annualized rate of return was 8.8% ending on Dec 31, 2007. So overall I can’t complain. I’m not getting stunning results, but I’m keeping up nicely.
So how did you do in 2007?