The graph below illustrates what’s happened to all of my hard-earned money over the course of the last 30 days. I’m fairly well-diversified, but, as you can see, that doesn’t much matter. I fear it’s going to get much worse before it gets any better. Hold on tight.
(Yes, I realize that just about everyone’s portfolio looks like this at the moment — hang in there, especially you baby boomers out there.)