Best Financial Markets Analysis Article The stock market's 17-month drop into March 2009 erased all the gains in the Dow Jones Industrial Average since the late 1990s. That's a full decade's worth of gains.

And the two-week drop that ended August 9 basically wiped out all the gains from 2010 - 2011.

Just since August 1, there have been over 25 days that the Dow closed more than 200 points above or below its previous close. That's volatility.

What does this all mean for the markets and your portfolio? Is another downturn ahead or is it finally a buying opportunity?

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Comments

R Tuesday
23 Nov 11, 21:42

Holiday gift of reduced mortgage

FNMA stock plan to please my wife!

My holiday plan is to give my wife the gift of a reduced mortgage!

My wife and I have more mortgage than house value.

A large number of people lost jobs and houses in 2008 and 2009.

Many had to declare bankruptcy.

A portion of these people have been back to work for at least 1 year.

They are in a good position to purchase a new home at discount prices.

They will start qualifying for new mortgages 3 yrs after bankruptcy.

That means these homes can get financed in 2012 and 2013.

We’re getting on board with FNMA while it is a sleeper.

It jumped up to $1.00 last Feb 2011, so it has potential now.

I think it is going to go far past this level - to $35 within 10 years.

We’re betting $200 for 1000 shares I could lose my little investment.

But, when it goes to $2, I make 10x my money, or $10,000.

It was at $70 in 2008.

When it goes to 10% of that amount, or $7, that's a 35x gain.

For 1000 shares that's $35,000!

I will use this benefit from FNMA to pay my mortgage down.

My wife will be very happy!

Then I will have more house value than mortgage.

That is the way our married life should be.

It is definitely worth risking $200.

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