How true, how true. Source: Picture Is Unrelated
bear market
Rough Day for the Markets
Man, my portfolio is taking a real hit today. I’m guessing that investors just aren’t too pleased with the recently approved stimulus plan being signed into law by President Obama later today. Is there not anyplace a long investor can put his money without falling into the red? No matter how many undervalued investments that [...]
Weekly Wrap-Up
A slew of dismal economic news reports this past week brought the S&P 500 to it’s worst-performing January ever. Briefing.com: Weekly Wrap Vanguard.com: Economic Week in Review Nightly Business Report: 01/30/2009 If there’s any silver-lining to be found on the dark economic clouds these days, it would be that Americans’ personal savings rate has been [...]
Stock Market Volatility
The stock markets took a tumble this past week on a bevy of poor economic reports, news that retail sales slumped for the sixth straight month, and deteriorating credit quality and record losses in the financial sector. According to Briefing.com, for the week, the DOW ended down 3.7% at 8281, the NASDAQ down 2.7% at [...]
A Welcome New Year
I don’t know anyone who isn’t happy to see 2008 come to an end. This full year of being in a ferocious bear market is taking it’s toll on our psyche, and it’s not only financially draining, but emotionally draining. No one likes to experience or continuously read about the unfortunate consequences of unemployment, foreclosure, [...]
Bear Markets Aren’t Always Bad
A bear market isn’t always a bad thing. Sometimes it’s best to embrace the bear. It can stimulate us to change our lives for the better. Source: Kris Anka