Thoughts for the start of 2009

The year got off to a strong start. In fact, it was the fourth best opening day for stocks (as measured by the S&P 500) ever.

No, that doesn’t mean a heck of a lot. But it is worth noting that January is typically a good indicator for stock performance over the entire year:

According to S&P, 60 out of 80 January results have correctly predicted the market’s action for the entire 12-month period!

Clearly, we shouldn’t base our investment strategies on this little tidbit. But it is a nice thing to keep in the back of your mind.

1. Oh, NOW it’s official? I love how we finally have official word that the country is in recession. Gee, thanks NBER! In case...
2. Why Market Dips Don’t Bother Me Much Look, I don’t want to downplay what’s happening right now. I’m as mad about the way the government is...
3. Good Thing the Stock Market Isn’t Run by Real… I came across an article on Yahoo Finance this morning, talking about how buyers should approach the current real estate...