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A Quick Review of the S&P 500 2008 Monthly Total Returns
By JLP | September 29, 2008
Here’s a quick review of the monthly total returns for the S&P 500 Index through the September 29th close:
I’m thinking we’re going to want forget about this year!
I’ll update the Dow’s numbers tomorrow for those who are interested.
Topics: Investing, Miscellaneous | 7 Comments »
September 29th, 2008 at 11:42 pm
I’m quite happy to remember this year! Just finished up with uni and buying stocks this cheap is sweet, so sweet!
September 30th, 2008 at 12:53 am
i’ve been in cash for a long time.
September 30th, 2008 at 7:31 am
Don’t do the Dow’s numbers. We don’t want to perpetuate the notion that the Dow is representative.
September 30th, 2008 at 7:36 am
This is one of those times when I think ignorance is bliss – at least for me. All of my investments are on automatic, so I actually try not to follow the news and especially stock market trends, lest I panic and think investing is a bad idea. I certainly couldn’t bring myself to put more money into the market right now. But I also believe that when I’m retiring 20+ years from now, this will have simply been a (big) bump in the road. It’s just easier not to think about it too much!
September 30th, 2008 at 8:15 am
I’ll just remember April, May and August and forget the rest
September 30th, 2008 at 10:44 am
We’ll see what you all are saying next year after another 22% drop…
September 30th, 2008 at 4:50 pm
The statistics may be frightening, but it just shows you how important looking at a volatility indicator, like the VIX, can be as a determinate of getting out of the market.
Simply put, stocks fall 3 to 4 times faster than rise. So when they move downward faster, their volatility goes up. Hence when the VIX rises, the stock market falls.
When the VIX rises past a certain amount, I get out! Simple and straightforward. Consider this as a tool for your investment arsenal.
-Lee at http://www.cheaplee.com