Thursday, March 1, 2007

In the Red

Today, I have officially lost all my gains for the year and then some. The past month, I have been secretly wanting to sell my stocks, but greed got the best of me.

As robust as it is, the American economy seems unsustainable. Record deficits year over year, negative savings, unaffordable housing, as well as a slew of economic indicators pointing to a recession, all seem to tell me to get out of the market. Last year was an excellent year and perhaps I should bail while the bailing is good.