Cash & Savings: $86,444 => $71,656 (-15.34%)
Foreign Currency: $33,129 => $33,495 (1.10%)
US Brokerage: $151,032 => $146,243 (-3.17%)
Overseas Brokerage: $102,853 => $94,257 (-8.36%)
401(k): $69,383 => $69,166 (-0.31%)
IRA: $95,007 => $85,583 (-9.92%)
Roth IRA: $24,597 => $23,562 (-4.21%)
Total Assets: $560,645 => $523,962 (-6.54%)
In August I wired $15,000 to my parents to help them finance their second home hence the big drop on my cash position. Other than that, as expected, the world's equity market continue its decline amid yet even gloomier economical news.
Among all my investments my 401k has the least loss due to a change of strategy in late 2008 or early 2009 when I started to contribute into bond funds only. Although the return is negative when you factor in inflation at least it holds its value, unlike the rest of my stock protfolios.
Hearing the President's speech on his job plan and how the Republicans responded to it simply laid further proof that more political stalemate is coming and the average Americans will continue to suffer.
August 2011 - Forget about Fall, Winter is already here
September 10th, 2011 at 02:52 am
September 25th, 2011 at 10:15 pm 1316988933
Jerry