Rule #1 in investing is don’t lose money and never lose big. The chart below shows the portfolio gain needed to recover from a given loss. The hurdle gets real high the bigger your loss. A 60% loss requires a 150% gain just to get back to even.
Jeremy Jones, CFA, CFP® is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. CNBC has ranked Richard C. Young & Co., Ltd. as one of the Top 100 Financial Advisors in the nation Jeremy is also a contributing editor of youngresearch.com.
Latest posts by Jeremy Jones, CFA (see all)
- BLOCK: Green Energy Sector “Filled with Lies and BS” - October 5, 2022
- Contagion Hits China’s Property Markets - October 4, 2022
- Is China’s Looming Population Decline Going to Cripple Its Ambitions? - October 3, 2022