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re: 60% of American adults don't have enough in savings to cover a $1,000 emergency

Posted on 5/9/19 at 5:39 pm to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35558 posts
Posted on 5/9/19 at 5:39 pm to
quote:

Next question. What's the risk in an investment like that? How did 2008 treat an investment like that? What kind of down turn requires erasing 30 years of those


That 10% annualized return accounts for the 2008 crash and the dotcom meltdown.
Posted by nola000
Lacombe, LA
Member since Dec 2014
13139 posts
Posted on 5/9/19 at 7:26 pm to
quote:

That 10% annualized return accounts for the 2008 crash and the dotcom meltdown.



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