60 and Over

Yes, toughest year since 2008...
liqq63 19 Reviews 519 reads
posted

...but I prefer to look at investments in averages over time.  Personally I saw a loss around 8% for 2015, but when I balance that against the nearly 17% gain of 2014, the average looks pretty darn nice.

http://www.msn.com/en-us/money/markets/why-wall-streets-down-year-may-not-be-as-worrisome-as-you-think/ar-BBo5OO8?li=BBnb7Kv

rollaxroll1190 reads

2015 was one of the toughest year for investment and almost all the sectors and indexes were losing money except the US dollar. It was also the most volatile year in history, worse than 2008 and 2011.  I hope everybody was doing OK with your money.  I wish 2016 will be a good year, and everybody is making extra money for your hobby!

...but I prefer to look at investments in averages over time.  Personally I saw a loss around 8% for 2015, but when I balance that against the nearly 17% gain of 2014, the average looks pretty darn nice.

http://www.msn.com/en-us/money/markets/why-wall-streets-down-year-may-not-be-as-worrisome-as-you-think/ar-BBo5OO8?li=BBnb7Kv

rollaxroll375 reads

You are right.  The S&P 500 was only down less than 1 % in 2015, way less than 2008 which was down ~40%.  However, the volatility was very high in 2015, which makes it extremely difficult to make money for most investors.  

Posted By: liqq63
...but I prefer to look at investments in averages over time.  Personally I saw a loss around 8% for 2015, but when I balance that against the nearly 17% gain of 2014, the average looks pretty darn nice.  
   
 http://www.msn.com/en-us/money/markets/why-wall-streets-down-year-may-not-be-as-worrisome-as-you-think/ar-BBo5OO8?li=BBnb7Kv

My financial advisor said this is the worst year since 1937.  

Posted By: rollaxroll
2015 was one of the toughest year for investment and almost all the sectors and indexes were losing money except the US dollar. It was also the most volatile year in history, worse than 2008 and 2011.  I hope everybody was doing OK with your money.  I wish 2016 will be a good year, and everybody is making extra money for your hobby!

OldCodger389 reads

Consider evaluating other financial advisors!!!

rollaxroll392 reads

That was a story from CNBC.  Here is the link:
http://www.cnbc.com/2015/12/30/2015-was-the-hardest-year-to-make-money-in-78-years.html

Whether it is the toughest year or not really depends on how you interpret it.  

Posted By: OldCodger
Consider evaluating other financial advisors!!!

rollaxroll401 reads

Wow, never thought that it can go that far.  It was indeed probably the most volatile year in history, if not the most, it must be very close.  Because in 1937, volatility products did not exist.  For most passive investors or investors who trade volatility products, it's just extremely difficult to make money in 2015.  However, for traders who mainly sell option premium, 2015 was a golden year.  I am happy that 2015 was behind us and was only a history.  A bad year usually followed by a good year in history.  We are looking forward to 2016 and hope it will be a more prosperous year for us, because it will benefit both hobbyists and providers.    

Posted By: camote16
My financial advisor said this is the worst year since 1937.  
   
Posted By: rollaxroll
2015 was one of the toughest year for investment and almost all the sectors and indexes were losing money except the US dollar. It was also the most volatile year in history, worse than 2008 and 2011.  I hope everybody was doing OK with your money.  I wish 2016 will be a good year, and everybody is making extra money for your hobby!

My oil stocks tanked and my hobby expenses sored. Probably was trying to kill the pain of financial losses with the pleasure of the ladies.

2015 was tough.     2 big gains were wiped out by the rest in gas and oil.   Should have sold them all.    When you get greedy you don't know when to fold.   Another year is upon us.   2 good things though the girls were beautiful and the sex was astounding.

I kept a decent amount in indexed funds but moved 80% of my total value into annuities with a guaranteed interest rate of almost 7% plus a 6% bonus payment when I put the dollars in.  

The down side is that I have to leave the money alone and can only do something with it on the anniversary of the contract or I lose the annual interest.. The up side is the guarantee of course..

stucaboy434 reads

Just invest in gun companies, ammo, and the company that makes TRUMP posters.

rollaxroll408 reads

hope everybody is doing OK.

A melt down in China was inevitable.. A good time to be buying  is my guess..

rollaxroll378 reads

I would be very cautious buying right now.  The down trend is very clear, no matter short term or long term, all looks ugly.  Short the market might be a better bet in 2016, but who knows.  The volatility is high, I would stick with option selling strategy.

Posted By: josulli
A melt down in China was inevitable.. A good time to be buying  is my guess..

...you know.  My investments have returned more money every year than in the previous year for over twenty years, all the while appreciating in value.  One example - I invested 250K in 2008; today I receive unsolicited offers on almost a daily basis to sell my investment for $5 million.  

I don't own one share of stock.  If I want to gamble, I go to Vegas.  If you play your cards right, you'll get a better return at the craps table than you do on Wall Street, lol.

CuriousSort442 reads

Posted By: BigPapasan
...you know.  My investments have returned more money every year than in the previous year for over twenty years, all the while appreciating in value.  One example - I invested 250K in 2008; today I receive unsolicited offers on almost a daily basis to sell my investment for $5 million.    
   
 I don't own one share of stock.  If I want to gamble, I go to Vegas.  If you play your cards right, you'll get a better return at the craps table than you do on Wall Street, lol.
 
Can you give examples of what kinds of things to invest in that are not stocks?

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