Time to Breathe & Mid Year Check-in | Q3 2009 Abacus Newsletter

If you have been holding your breath since asset values started to decline last year, we suggest you relax and breathe a little. From April through June most of the stock, real estate, and commodity mutual funds we use increased in value by 15% to 35%. April and May were among the best months for many years in several asset classes. You can see a few examples of that in the chart to the right. As we’ve said many times, extreme downturns are usually followed by very rapid upswings.

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