Retirement Nestegg Report – May 2010

Retirement Nestegg Report – May 2010

Well another volatile month for the stock market and I think I read somewhere that this was the worst May for the stock market since 1962. This is good news for young people like me as long as we can keep our jobs as this will likely allow us to buy the stocks that will fuel our investment performance over the next 30 years at very discounted prices. I believe the last downturn I did a very good job of keeping my cool and sticking with my plan and taking advantage of the depressed stock prices. I also had the luxury of seeing how fast things grow in a recovery and how all of that keeping your cool when the world is ending really pays off. I can’t tell you how many investments I have had grow 100%,200%,500% or more in the span of only a year and countless others that I had considered purchasing do the same. I am proud of how I handled the last downturn, but really feel I will have a leg up for future downturns. Anyway here is this months retirement nestegg report

Traditional Rollover IRA – $11,043.50 (-7.25%)
My Roth IRA – $34,159.75 (-7.54%)
Wife Roth IRA – $20,119.40 (-3.74%)
Current Traditional 401k – $61,068.04 (-9.34%)

Roth/Traditional % = 42.95 % (tax free)

Total Retirement Nest Egg $126,390.69 (-7.82%)

Monthly Contributions $605.84 (401k)
SPY Performance -8.38%
My Monthly Investment Performance -8.26 % (+0.12%)
My Monthly Individual Stocks Performance -6.35 % (+2.03%)

  • I commend you on sticking to your plan. Buying and holding in in an environment of declining prices is not easy. It will pay off over the long run.

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