Stock Market Blahs

U.S. Stocks Post Worst Annual Losses Since 2008 - Rough trading Friday pushes S&P 500 into the red for the year; Dow falls 2.2% in 2015

Excerpt:

U.S. stocks had their worst annual performance since 2008, closing out a rocky year that tempered investors’ expectations for gains in 2016. The Dow Jones Industrial Average, a basket of 30 stocks, lost 2.2% in 2015, while the broader S&P 500 fell 0.7%. The S&P’s loss ended three years of double-digit gains for the index, but was far from the nearly 40% dive it took in 2008, a year of financial crisis.

Comment: About our own investments: I should fire our wealth advisor except that advisor is me! At least I did not pay a 1% wealth advisor fee! More