More than one of my investing mentors underscore the point that return
of investment is more important than return
on investment, and this week's Money Blog underscores their reasoning - it can take quite a while to recover from losses, and once that time is lost, it's never coming back. Let's get into it.
THE SCENARIO
Back in 2007 - 2009, the S&P 500 (one of the 'benchmark' indices by which US stock market performance is measured)
lost 56.8% of its value. Like many people, I had a 401(k) that was nearly entirely invested in the stock market at that time, and my own retirement account value dropped precipitously, as could be expected.
The question: If I could reliably make 8% on my money after the crash, how many months would it make for my ...
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