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re: What percentage of my total liquid assets should be in cash right now?
Posted on 3/8/13 at 9:55 am to OnTheBrink
Posted on 3/8/13 at 9:55 am to OnTheBrink
I heard an interesting talk on the radio the other day... one of those local money shows.
The guy said, when does 30 + 43 = 0?
His point was, if you have $100k in the market and lose 30%, you have to make a return of 43% on the remaining $70k in order to get back to even.
His point? Don't lose money. Should be the #1 goal of any investor that has a decent portfolio built up.
The guy said, when does 30 + 43 = 0?
His point was, if you have $100k in the market and lose 30%, you have to make a return of 43% on the remaining $70k in order to get back to even.
His point? Don't lose money. Should be the #1 goal of any investor that has a decent portfolio built up.
This post was edited on 3/8/13 at 9:56 am
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