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OK I have had enough
Message
From
03/10/2022 00:44:01
 
 
To
30/09/2022 18:54:40
General information
Forum:
Finances
Category:
Stock markets
Miscellaneous
Thread ID:
01685013
Message ID:
01685015
Views:
35
>>"The recent synchronized selloff in stocks and bonds has crushed one of the most popular strategies for long-term investors: the 60/40 portfolio.
>>
>>According to data from strategists at Bank of America Global Research published last week, the 60/40 portfolio — a mix of 60% stocks and 40% bonds — was down 19.4% year-to-date through the end of August, on track for its worst year since 1936." Yahoo Finance
>>
>>And things are getting worse: DOW down another 500 today - down 8000+ for the year.
>>The only "bright spot" are the I bonds paying 13.28% compounded monthly- and you can't buy the old type anymore.
>
>I hope you're safe down there.
>
>I've been out of the stock market for decades, but it's starting to look cheap enough for me to take a nibble now.
All is well here. I talked to a friend in Naples FL. He and his family are fine but he has only seen drone pictures of where the marina where he stored his boat was.
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