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Archive for June, 2010

May 2010

June 2nd, 2010 at 01:04 am

Cash & Savings: $113,354 (2.87%)
Foreign Currency: $29,607 (0.00%)
US Brokerage: $96,772 (-5.07%)
Overseas Brokerage: $49,012 (-8.79%)
401(k): $49,320 (-1.61%)
IRA: $76,460 (-7.97%)
Roth IRA: $24,036 (-4.20%)
Total Assets: $438,561 (-3.35%)

The tide finally turned south, BIG, in the month of May. Overall I lost $20,000 in the stock market, at least on paper. Just as the popular saying goes, 'Sell in May and go away'. It is very true indeed.

I expect greater volatility in the months ahead as geopolitics and the Euro zone debt crisis continue to play out.

It seems like near term the only way to make some money other than betting on share price appreciation (or depreciation) is through dividend oriented stocks.