Tuesday, July 1, 2008

Mid-Year Biggest Loser Stock Report

Six months into 2008, my biggest losers are:

AIG – minus 38%

CIT - minus 60% (luckily, I sold off most of my holdings for a profit on the trade. Unfortunately, I didn't sell it all)

My employer – down almost 40% for the year, it is also my largest loss in total dollars.

Learnings: Diversification works. Despite these losses, my portfolio is off a total of 3% in a down market. I

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