My retirement portfolio has lost about 20% of it's value in the last few months. I am curious how everyone else is doing.
Same here, -22.6% from the start of this year. I use Fidelity with investments in Energy and Fidelity Select Mutual funds.
Down 8% since June. If I had followed the old man's investment advice of "Go away in May", like I normally do, I would be a much happier man.
What is this "retirement portfolio" thing you speak of? I know I'm down but by how much I am not sure. At this point I am more worried about getting through the next year than retiring.
Taking a cheap shot at me huh? :grin: IMO, Vince Young is an undervalued blue chip at this time. I'll still put my money on him and have the last laugh.
Just looking at my 401k, it's down 13% since June 2011, and down 11% on the year. Since I wont be retiring for at least 25-30 more years, just a speed bump...
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I'll be livin' large on the taxes taken from ya'lls paychecks. It may be a long time before we see any easy investment profits. The real wealth creators are the economic booms, you get in early and get out before they bust. To have one you need disruptive idea; something with a promise. Right now there is no space program that gave us the the Tech Boom, no way to loosen housing finance any more than we already did, no wiggle room left in National Debt anywhere but China's accounts receivable. Green Energy is a candidate but it's looking diverse and slow. Genetic Engineering is probably only incremental, not disruptive.
I've actually been pretty lucky. Invested on a few things that went up and took them out and put them on some provided CDs for the past 3 months. Reinvested after the bad days and caught a few things on the right end of roller coaster waves.... I did a lot of research, but luck still played about 80% of it.
