I notice that the market has dropped smartly this past several days.  The short answer is: “I don’t know.”  But, as any of the stocks you own because of me were bought with money you can truly afford to lose — and because they are speculations just as interesting (or daft) today as they were a week ago — I hope you can be philosophical about it.  After years without a correction — or even, perhaps, a bear market — these things happen.  And even offer potential opportunities.  Stocks are on sale.  They could get a lot cheaper — or snap back.  But a decade or two from now they are likely to be a lot higher.

To calculate just how badly you did yesterday — or anything else you’re in the mood to calculate — dinkytown.net offers a complete suite of personal finance calculators, free.  Lots to play around with.

Have fun.

 

 

 

 

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