What is black, in positive territory, and what is red, losing ground, in my portfolio? That's easy. Anything I bought back when I retired has climbed massively and is still up nicely from when I bought in. A market downturn of 50% would not drive these holdings into negative territory.
My recent buys are mostly a different story. Almost uniformly down. In the red. Emera and Fortis are about the only recent buys that are showing a profit. IPL, PPL, SJR.B . . . and the list goes on, are all down. Some are now down in the four figures. Ouch!
Oh well - sigh - tomorrow is another day and, shortly, another year. And it may get a lot worse before it gets better. I'll sell a little on the pops -- if there are any pops in the near future.
Cheers,
Rockinon!
* duffer: an untrained, inexperienced but opinionated person, especially an elderly one. This blog contains the thoughts of a retired photojournalist, a senior and a duffer when it comes to finance. Circumstances forced the author to manage his retirement finances. He has done well but he is NOT a a financial adviser. The opinions expressed are his and should not be construed as legal, tax or financial advice. Those seeking professional advice should see a professional adviser.
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