If there is something about this market meltdown that investors should be really concerned about, it would be the safety of money market funds. With recent news of Reserve Primary Fund breaking the buck, the often-perceived safety of money markets funds has come under intense scrutiny. Folks are starting to get worried.
As many of my [...]
VMMXX
Money Market Funds
2007 In Review
While only a point-in-time measurement, for all of 2007, the Dow (^DJI) was up 6.4%, the S&P 500 (^GPSC) rose 3.53% and the Nasdaq composite (^IXIC) was up 9.8%. Small cap stocks (^SML) wound up losing about 1% for the year, and so far, the overall downturn has continued into the new year.
I mention this [...]
Getting Started
Following up from my old weblog, I’m still fully invested in cash (VMMXX) in all of my portfolios, and still waiting for the stock market to fall.
I’ve been anticipating a stock market crash and economic recession for a while now based on the inverted yield curve theory, and have predicted that it will occur before [...]
I’m Back In Black!
Here we go again.. the markets took another big plunge today.
Perception plays a BIG role in the stock market and it seems investors have come to terms with the “R” word and are fleeing to (what’s now considered) safer investments.
But, this is all great news for bears (like me) who’ve been forecasting a recession for [...]