CAVEAT: THIS BLOG CONTAINS (albeit often very childish) ADULT-CONTENT. DISCLAIMER: Entries at this blog are akin to good old-fashioned campfire chats; I offer no opinion on what you should or should not purchase, or what you should be using or doing. What does or does not work for me could be long country-miles away from your tastes and your needs. Any products, places, and / or whatnots that I review for this blog are purchased at retail price by me. I do not accept payment, gifts, discounts, freebies, products on loan, demon alcohol, drugs, plea-bargains, probation, parole, Presidential Pardons, or sexual favors for doing any review. TRACKING COOKIES: Google et al sticks tracking cookies on everybody. If you are online, you are being spied on; 'nuff said. You may be able to minimize your online footprints by using Tor and Duck Duck Go. Vive la liberté! Vive all y'all! Ante omnia armari. To each of you, thanks for stopping by!

Saturday, December 26, 2009

Hard Times Investing Update 12/26/2009

.

Well, it isn’t earth-shattering great news but I’ll take it; on Christmas Eve, by a mere 1/10th of 1%, my modest investment portfolio reached a new all-time-high. Dumb luck and divine intervention has recovered every penny of the losses I suffered during our recent market crash. Using the S&P-500 as a measure, the markets are still around 28% below their pre-crash highs, which means they need to jump roughly 39% from their current level of 1126 to achieve a full recovery. While I am sure that many retirees have fared better in the markets than I have, I know many others who have not been so fortunate. My hope is that blessings will soon descend upon us all.

I figure that I’m too old to be 100% in the markets and too young to be 100% out of the markets, so I guess I’ll just remain a half-assed investor for the near future. As a hedge against the downside, as the markets rose from their lows I took profits on two occasions and moved the proceeds to cash. Currently the portfolio sits with 53% cash and 47% equities.

OBLIGATORY DISCLAIMER: Nothing in this blog entry is advice on investing or finances.

.

No comments: