Well the carnage continues and it does not look to be slowing down. In fact in the first day of December my portfolio already lost a bigger percentage than it lost in the entire month of November. Regardless I am actually feeling very good about my prospects right now and even today’s monster drop does not make me the least bit nervous. So I’m either blissfully stupid or I have my emotions in proper check.

I continue to invest very regularly into my retirement accounts and am really excited to see the prices and hopefully values that I am able to purchase in the stock market today. It is times like this where people can really make some serious wealth if they stick to their convictions and have the patience and wherewithal to wait things out.

I also really hope the bear market is hear to stay for a while and that the recovery is slow so that I can use this time to really super charge the performance of my portfolio going forward. I had about 4 years of constantly rising prices when I started investing and I would kill to get the opportunity to be able to invest for 4 years with prices falling. This probably won’t happen, but one can only hope. A sharp market recovery would rob me of the opportunity to weight my portfolio with these cheaper priced assets to help offset the higher priced assets I was buying from 2004-2008.

Anyway here are the results

Traditional Rollover IRA – $7,647.65 (-16.37%)
My Roth IRA – $22,963.68 (-12.69%)
Wife Roth IRA – $10,932.45 (-3.32%)
Current Traditional 401k – $21,634.52 (-4.05%)

Roth/Traditional % = 53.65% (tax free)

Total Retirement Nest Egg $63,178.30 (-8.83%)