Weathering the Storm

Apple lost nearly $1 trillion in value. Its 27% loss was bracketed by the S&P (-19%) and NASDAQ (-33%)

Your humble investor/blogger has seen worse years than 2022 on a percentage basis, but the dollar value of his losses....well, I try not to think about how many hours I'd have to work in my pre-retirement life to make up for them.

The portfolio was down about 20%. AAPL, which fell 27%, is the largest single holding, and less volatile industrials, utilities, bonds, and consumer staples helped to offset AAPL's decline.

We've lived to fight another year, and these days that's not too bad.