Dow 5000?
Scary to think that one year ago today the Dow stood at over 12000. It sits under 6800 today, the lowest point since 1997. I’m not going to go through all of the doom and gloom, but if you do want that the NY Times has a good article.
What I do want to remind everyone about is sticking to your investment fundamentals:
- Save first and often
- Save efficiently (asset allocated 401K, IRA, brokerage, etc)
- Create value at work (ie: keep your job)
If you stick to these and maintain your job you’ll come out drastically ahead. Stay focused and let the negative vibes reside in the past.
