>>>"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.
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>>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.
I haven't been in the market for a while either. Ironically my largest current "investment" (a 2005 Lotus Elise) has doubled in value since I bought it 6 years ago despite adding a bunch of miles to it as it's my daily driver lol. Not what one generally expects when buying a used car - but I'm pretty good at telling which ones will go up in value.
ICQ 10556 (ya), 254117