At MegaCorp, I worked with a Finance Director who use to quip that “good numbers make good meetings”. He was right – when sales and profits are up, meetings and decisions come easy. It’s a good time!
While we have always been long-term investors, the living is easy when the market and our portfolio are growing as well. While we are only two months into the year, it’s great to see the big bounce back from an ugly 2018 finish:
- Dow Jones +11.4%
- S&P 509 +11.5%
- International +9.1%
In just a couple months time it seems that the markets have completely erased all of the losses from Q4 2018 and posted a little growth to boot!
Perhaps most encouraging for me right now is the claw back of the stock of the MegaCorp that I’m an early retired of. After a brutal -35% drop in 2018, it’s up a promising +20% in 2019 year-to-date. It will need to be up double that amount to get back to where it was, but the progress helps boost the stock options we need to exercise every year.
Early retirement is a blessing regardless of short-term market returns, but it certainly puts a bounce in my step when the numbers are heading up. Has the early 2019 market performance put a spring back in your step? Or, do you not honestly follow it all that closely day-to-day?
Image Credit: Pixabay