A Quick Review of the S&P 500 2008 Monthly Total Returns

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.

7 responses to A Quick Review of the S&P 500 2008 Monthly Total Returns

  1. I’m quite happy to remember this year! Just finished up with uni and buying stocks this cheap is sweet, so sweet!

  2. i’ve been in cash for a long time.

  3. Don’t do the Dow’s numbers. We don’t want to perpetuate the notion that the Dow is representative.

  4. 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!

  5. I’ll just remember April, May and August and forget the rest :)

  6. We’ll see what you all are saying next year after another 22% drop…

  7. 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