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Archive for February, 2011

An omen of Recovery

February 22nd, 2011 at 12:53 pm

I transferred a small pension plan (only about 1500 euro) to a new policy in March 2008.

Ever since then it has been dropping in value - however today it is back at the value it was in March 2008.

Is this a sign that things are getting back on track in the Stock Market very broadly pension fund speaking ?

I know that the nature of the Stock Market is not slow and steady growth - but rather sharp changes in the short term which smooth out over the long term - after all, that's how traders make money - buying and selling in short periods of time.

I dunno - I think it's at least encouraging that perhaps the current rot has stopped in pension funds and they're back to 2008 levels.