Tuesday, March 9, 2010

Anniversary of March 9, 2009 Market Bottom - Keep it in Perspective

Even with the incredible rise of the market since March 9, 2009, the market is still off its Oct. 9, 2007 highs by more than 25%. As the media reports on just how well the market has performed since the bottom, keep it in perspective. The real question remains, has your account gone up or down in value since Oct. 2007.

The following chart on sector performance since the market high in Oct. 07 tells the whole story.


There is no risk at looking backwards; risk resides at the right edge of the chart (the unknown).

(Click on chart to enlarge it for easier viewing)









Gerritz Wealth Management clients largely avoided the bear market, so it was not necessary to take on large amounts of risk to try catch up.

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