Dow -777.68 points (-6.98%), S&P 500 -106.92 (-8.79%)
The biggest one-day Dow Jones Industrial Average drop in history-- coincidentally, the day I stayed home sick and witnessed the carnage, especially the intra-day 400-point, minute-to-minute swings. Wow.
Did you sleep well last night? Well you sleep well tonight?
I sure will.
As a completely passively-managed portfolio, the Retiree Portfolio has performed astoundingly well: -2.48% today; -9.2% from its *top*.
The S&P 500 last nearly as much today as it took the Retiree Portfolio almost 14 months to lose.
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