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August 07, 2007

IRA Update July 2007

Lots of Washington Mutual shareholders may be in for a bumpy ride as the secondary market for mortgages sorts itself out.

July was not a good month (really the last two week) for any of my investment accounts, nor were the first couple days of August which are reflected in my IRA value as 8/3/07. The value of my IRA accounts dropped nearly 7%. I saw large decreases especially in my mortgage industry related investments, AHM (American Home Mortgage) and WM(Washington Mutual).

 

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IRA Update July 2007

Posted on August 7, 2007 06:39 PM by washin826.
Filed in Money in the Bank under washington mutual.
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