Retirement Nestegg Report – October 2008 (-18.43%)
Ok it’s all my fault. From my June 2008 nestegg report
I am really excited to hear of all of this bear market talk and really hope the bear market is hear to stay for a while as at this stage in my life I am plowing a considerable amount of money into the stock market and I’d much rather be buying stocks falling 20-30% than having to purchase stocks who are constantly going up. I’ve often mused that someone my age who is contributing money for their retirement should be rooting for the stock market to get slaughtered and while the market hasn’t exactly gone down too dramatically yet, I’ll be happy to see my nestegg head closer to $50,000 than $100,000 if it means I get to buy some cheaper investments now and make more in the long run.
Well I think I pretty much got exactly what I was asking for. Overall this month my portfolio fell over 18% and …