My Investment Losses

We all hear different bad news on financial markets. The subprime mortgage crisis really caused a huge problem that brought the greatest financial turmoil ever since the Great Depression on the year 1930's. A lot of economies are entering into a recession and the most recent case country that joined the list is Germany.

A lot of companies also declare bankruptcy. US Secretary Henry Paulson and FED Chairman Ben Bernanke are both doing their best to save the US economy into an impending recession that will have a domino effect to the rest of the economies leading into a global recession. Ben Bernanke kept on cutting interest rates and the recent moves of Paulson includes the buying of commercial papers and directly investing into the equities.

Recently, the most severe case of bankruptcy filing is Circuit City Stores, Inc., a leading specialty retailer of consumer electronics, which declared $624 Million of unsecured debts. The whole stock market is struggling. There are a lot of withdrawals in hedge funds and job cuts by several companies.

No one is spared from these events and that includes also my investments.

I have attached here an excel file that summarizes the health of my investments.

From the excel file, here is a summary of these losses:

• I'm losing 114,046.90 on all my investments representing around 33% loss. My stock investments were down 37% while my equity fund investments were down 32%. What the heck?!
  
  
• In my direct stock investments, if MEG was the best stock that I considered during my previous post since it generated the highest net gain, then it was the worst stock that I hold now since it was having a net loss of 33,559.74
  
  
• In my equity funds investments, Metro Equity Fund is having the biggest loss of 72%.
  
  
• I was surprised that even my mutual fund investment in Sun Life incurred now a loss of 54. I invested in this fund early 2006 and since then received twice stock dividends per annum but it didn't survive the crisis and suffered a loss now.
  

I really do hope that the stock market will recover soon. For those who believe in astrology, one famous and credible astrologer named Denise said that both the US and Philippine Stock Market will start freaking out very badly by late December. She advised to stay away from stocks until November 2009. She even told that based on the charts she's been reading, the Philippine Stock Market will go bye-bye sometime in January 2017. It may be absorbed by another market. Wow! Scary! Read her predictions here most specifically my question on the Philippine Stock Exchange.