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Home > May 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.

Posted in Uncategorized | 2 Comments »

2 Responses to “May 2010”

  1. Jerry Says:
    June 13th, 2010 at 08:27 pm 1276460827
    1276460827

    The Eurozone is indeed in a pickle... but as an American living overseas I do appreciate that it leads to the current boost in the strength of the dollar! Helps a lot with the monthly expenses. Alas, I fear there is no insurance that the same thing won't happen to the USD in the future.
    Jerry

  2. Easy Cloud Says:
    June 13th, 2010 at 11:41 pm 1276472505
    1276472505

    Being in France right now I certainly understand what you were saying. I'm sure it's just a matter of time before USA fall further against the Chinese Yuan but for now I'm just happy the traveling expenses is so much lower to the company I work for.

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