Comments on: We’re Looking at the Second Worst June in S&P History http://allfinancialmatters.com/2008/06/29/were-looking-at-the-second-worst-june-in-sp-history/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Fri, 20 Nov 2009 19:56:44 -0800 http://wordpress.org/?v=abc hourly 1 By: Panamahere http://allfinancialmatters.com/2008/06/29/were-looking-at-the-second-worst-june-in-sp-history/comment-page-1/#comment-346407 Panamahere Tue, 12 Aug 2008 21:59:57 +0000 http://allfinancialmatters.com/?p=2621#comment-346407 Interested in your thoughts out there on the purchase of a fixed indexed annuity. Right now we're retired on a modest fixed income in Panama. Don't need much to live well here. BUT we've suffered nearly $70K loss in a high yield tax free bond fund. Still getting great monthly dividends...but the principal caved with the sub-prime disaster when insurers got hit. So thinking about Fixed indexed annuities...(.fixed to the S&P), low income, better chance principal won't disappear. Assets really locked in. Interested in your thoughts out there on the purchase of a fixed indexed annuity. Right now we’re retired on a modest fixed income in Panama. Don’t need much to live well here. BUT we’ve suffered nearly $70K loss in a high yield tax free bond fund. Still getting great monthly dividends…but the principal caved with the sub-prime disaster when insurers got hit. So thinking about Fixed indexed annuities…(.fixed to the S&P), low income, better chance principal
won’t disappear. Assets really locked in.

]]> By: Jennifer Lynn http://allfinancialmatters.com/2008/06/29/were-looking-at-the-second-worst-june-in-sp-history/comment-page-1/#comment-327813 Jennifer Lynn Mon, 30 Jun 2008 18:45:11 +0000 http://allfinancialmatters.com/?p=2621#comment-327813 Thanks so much for sharing that nifty S&P Performance Tool JLP For those determined to stay in for the long haul, you may just want to switch off your tv sets and avoid newspapers for the next few months. I have a feeling it's going to be an extremely bumpy ride and the pain is only just starting on Wall Street. I'm not invested in the market yet but my savings are getting devoured through this. Thanks so much for sharing that nifty S&P Performance Tool JLP

For those determined to stay in for the long haul, you may just want to switch off your tv sets and avoid newspapers for the next few months. I have a feeling it’s going to be an extremely bumpy ride and the pain is only just starting on Wall Street. I’m not invested in the market yet but my savings are getting devoured through this.

]]> By: KC http://allfinancialmatters.com/2008/06/29/were-looking-at-the-second-worst-june-in-sp-history/comment-page-1/#comment-327783 KC Mon, 30 Jun 2008 14:29:24 +0000 http://allfinancialmatters.com/?p=2621#comment-327783 If you are buying into domestic indices you still have a little bit of time to wait before we reach the bottom. There will be an upturn before the end of the year IMO, but some, like me, will still want to see a fairly regular upturn before re-entering this and other domestic indices. Individual stocks however are doing well in some cases. I've actually made money in June, not much, but I'm in the black. If you are buying into domestic indices you still have a little bit of time to wait before we reach the bottom. There will be an upturn before the end of the year IMO, but some, like me, will still want to see a fairly regular upturn before re-entering this and other domestic indices. Individual stocks however are doing well in some cases. I’ve actually made money in June, not much, but I’m in the black.

]]> By: Suzanne http://allfinancialmatters.com/2008/06/29/were-looking-at-the-second-worst-june-in-sp-history/comment-page-1/#comment-327580 Suzanne Mon, 30 Jun 2008 00:18:50 +0000 http://allfinancialmatters.com/?p=2621#comment-327580 This is a pretty dismal year for the S&P - all I can do is think long term. Close your eyes, head down, and keep moving. I'm so glad I found this blog. Such GREAT info. Thanks, Suzanne This is a pretty dismal year for the S&P – all I can do is think long term. Close your eyes, head down, and keep moving.
I’m so glad I found this blog. Such GREAT info.
Thanks, Suzanne

]]> By: Bozo http://allfinancialmatters.com/2008/06/29/were-looking-at-the-second-worst-june-in-sp-history/comment-page-1/#comment-327553 Bozo Sun, 29 Jun 2008 22:34:11 +0000 http://allfinancialmatters.com/?p=2621#comment-327553 I read on another blog that dismal months like this make everyone "long-term investors." As in, "I may be down tens of thousands of dollars, but I'm in it for the long-term." Yah, right. Well, since I'm really, truly in it for the long-term, I hope everything bounces back before I really need the money in my IRAs. Since that's not for ten to twelve years, I guess we'll be out of the secular bear market by then and back into a raging bull. If not, well, look at the bright side. There is a bright side, right? Yours, Bozo I read on another blog that dismal months like this make everyone “long-term investors.” As in, “I may be down tens of thousands of dollars, but I’m in it for the long-term.” Yah, right.

Well, since I’m really, truly in it for the long-term, I hope everything bounces back before I really need the money in my IRAs. Since that’s not for ten to twelve years, I guess we’ll be out of the secular bear market by then and back into a raging bull. If not, well, look at the bright side.

There is a bright side, right?

Yours,

Bozo

]]>