Elaine Garzarelli 2008 Performance

On December 16, 2007 the "Deseret News" asked asked a panel of investment experts how they would invest $10,000 for the coming year.

Elaine Garzarelli, president of Garzarelli Research in New York said:

"Put 25 percent in iShares Dow Jones Transportation Average (IYT), 25 percent in Financial Select Sector SPDR (XLF), 25 percent in iShares MSCI Emerging Markets Index (EEM) and 25 percent in Consumer Discretionary SPDR (XLY)."

This graph shows how Garzarelli's picks performed compared to the S&P500:

25% in each of her picks would be down 39.62% while  in 2008 the S&P500 index fund, VFINX from Vanguard, lost 36.4%.