Compound your gains, not losses
By on Mar 1, 2009 in Finances
Hoyt Cory doesn’t know quite what hit him. The 61-year-old holistic wellness practitioner in Sonora, Calif. expected steep losses in his $890,000 retirement funds, given the market crash. But when he added up the damage at the end of last year and saw that he had only $542,000 left in his stock and bond portfolio - nearly a 40% decline - the former corporate training and development consultant couldn’t believe it.
Original post by Technology news - Business 2.0 Magazine
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