Month End Summary – June 2008

June was a rough month for the DJIA.  It dropped 10.2% in June.  My account lost 1.78% for the month.  I took a realized gain of $2,555.01 for June and delayed a loss on VIP where I’m down $1,000.  I’m now destroying all the major indexes for the past year with my slightly positive 12 month return.

My current account value according to Quicken is $95,272.14 and according to TD Ameritrade is $95,294.53.  I’m planning to make another deposit this week and if my account doesn’t take a dive I should hit $100,000 before my 37th birthday on Sunday, July 6th.  I’ll post a screen shot when I get there, whenever it is.  Here’s how I compare the major indexes:

• 12 month Return: +0.71%
• Annualized Since 4/8/07 (blog’s beginning): +3.92%
• Deposits for month: $2,500 on 6/5/08

According to Morningstar, here’s how the major indexes have done over the past 12 months:

• 1 year S&P Return: -13.4%
• 1 year Dow Jones Return: -13.42%
• 1 year NASDAQ Return: -11.12%
• 1 year Russell 2000: -15.64%
• 1 year S&P Midcap 400:  -7.03%

The VIX has crept back up to 23.95 and the VXN is up to 29.76 which is better than last month for showing a little fear in investors minds, but not quite high enough yet to signal an actual short term bottom yet.  I’m creeping into July with a good bit of caution at the ready.