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Old 03-02-2014, 12:01 PM   #21
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Originally Posted by rbmrtn View Post
You need a 100% return to just recover from a 50% loss.
I've never understood people's angst with this simple calculation fact. It's the absolute valuation that is real dollars and should matter.

Flipped the other way, you never hear folks happy that after a 100% rise in their investment they ONLY lost 50% reduction when retreating to the exact same pre rise value.

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Old 03-02-2014, 04:36 PM   #22
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John Bogle says the best advice he ever got when he was starting out was....Nobody Knows Nothing.
That's poor English for a Princeton man, but damn good investing advice.

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