Three bad days in a row, across nearly all of the asset classes. There go all my YTD gains and we're back in the red. I really do try to not let the bear get the better of me, but does anyone else have horrible visions of the 1970s rising rates/stagnant economy, or the long dismal decline of the Nikkei?
I really wouldn't mind some paper losses if I had enjoyed a few years of the 1980-90s paper gains, but everything I put in the market is "new" money, so I feel the losses more. To me, -$1000=a week at work, disappeared. Sometimes I think peoples' expectations of the market are so unrealistically high right now that the only place it can go is down.
I really wouldn't mind some paper losses if I had enjoyed a few years of the 1980-90s paper gains, but everything I put in the market is "new" money, so I feel the losses more. To me, -$1000=a week at work, disappeared. Sometimes I think peoples' expectations of the market are so unrealistically high right now that the only place it can go is down.