In equities I am down about 1/3 from the pre-Obama high. For other instruments as they mature, I have over the last 8 mos purchased 3-6 mo Treasury Bills at interest rates beginning at about 1.5% and currently about 0.25%. This is obviously a lousy return but it seems preservation of capital should be the primary concern at this point especialy for older folks. I know there must be some fantastic oportunities out there in the market, but neither I nor anyone I know can identify them. I have quit asking my broker for advice since I am convivced that he is as lost as I.
I believe that this financial meltdown is the modern equivalent of the Reichstag fire and that we have no idea of the lengths to which these Marxists in this current administration will go to re-order this society. When chronic under-achievers egged on by a dishonest news media select the leaders, this is what happens.