Monday, July 5, 2010

May and June, not so good

Well, the months of May and June haven't been so good. I have neither bought nor sold any securities during that time frame. I made some disaster investments in a couple of companies that are teetering on the edge of bankruptcy at the height of the stock market pull-back. The rest of my investments have lost double digits, but I still like the prices of where they are at.

Maybe in hindsight the major stock indexes of the world have had such as huge run-up from March 2009 that a pull-back was inevitable. The stocks markets were on fire earlier this year and maybe I should have has a clue. Maybe I should have bought some portfolio insurance. The rest of this summer should be interesting.

No comments:

Post a Comment