Clock Cleaners

We'll clean your clock for a reasonable fee. (Also well versed in wagon repair)

Friday, October 10, 2008

Morning fun: watch the DJIA fall

Every morning lately, I take a look at the Dow-Jones Industrial Average, and have noticed that sustained impressive daily losses over a work week have created this cartoonish graph of the market:



I remember a year ago I was given the option of connecting my health savings account with the market, I decided it was too risky to gamble with the money I need to pay for medication and doctor bills. That was a lucky decision - the DJIA has dropped 42% since then.

Another interesting view: the market is now 3% lower than it was 10 years ago, eliminating all gains made in a decade. I don't even want to check the status of my 401k.

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