Keeping What You Have (continued)
In 2008, the market lost 49% of its value across all sectors. It didn’t matter what stock or mutual fund you were holding or how many shares you had.
In 2022, the market lost 18.5%. Bonds, thought to be the safe haven for market investors when the market declines did even worst.
(-20.01 for the year)
So how much risk does the retirement saver have when invested in the market. A Ton!
Let’s look at the history of the market. (see below)
Does this look like a place where those in retirement ought to have their money invested? Let’s break down the numbers a bit more, shall we?
Here, we look at the most recent period entitled the “Great Recession”.
Then in 2/2007 the market hit “the skids” once again.
This time losing another -49.63%.
After another 1 ½ year decline the market hit bottom. It would not be until 03/2013, some 6 years later the market would once again reach its previous high.
Here’s a snapshot of the numbers.
I had said that I don’t market “Ifs” when it comes to helping those in retirement invest their retirement funds. I market guarantees! Maybe, it would be a good idea to gather more information about Index investing.
It Never Loses Money. GUARANTEED!