Popular Posts

Total Pageviews

Monday, January 30, 2012

Stock Market Woes

a little perspective please

easy to get discouraged by short term fluctuations

market has been sliding down recently

but look at January! Market was up almost 6% just in January!
So now it has given back some and is up only around 3.6%.
Even that kind of rise is not sustainable.

a realistic expectation is for gains to average around 1% a month over a longer term.

I expect a range of between 1% and 2% average monthly return this year.
Which would put the market up between 12% and 24 % for the year.
That will make this a very good year.

very good indeed

No comments: