
Don’t you hate the money equation dictating that it takes twice as much gain to recover from a financial loss? It doesn’t even seem to make sense, but it’s unfortunately true. Here’s what I mean: If you lose 50% of your retirement account, for example, then you have to earn 100% to get back to break even. Let’s look at a real scenario. Susan has $500,000 in her retirement account that is invested in the stock market. She doesn’t think too much about it because her plan is to let that money grow over time, and she’s aware that the stock market fluctuations. Before she … [Read more...]










