Alec Baldwin gets arrested and the hunt for Red October is finally over.
When you open your October statement…the month end value may be…all right…will be less than it was at the beginning of the month. Notice I didn’t say you lost money last month. You didn’t…unless of course you sold shares when they were down in value. Yeah…then you did lock in the loss.
The S&P 500 suffered its worst loss in seven years…off nearly 7%. The Dow was down a touch past 5%, the worst month since January of 2016. If you’re like me, you’ve already forgotten that. Just like we’ll forget this October as well.