re: allords : 1987 - 28% drop ... 05? the worst that can happen is that you will lose say 30% of what you have got in the market
and according to what happened last time, you may have to wait eight years to get it all back
After that to double your money you would have to wait another 10 years.
So all up you are looking at another 20 years to double you money.
So far the market has fallen about 8%. So if you were to liquidate all your holdings you would save yourself about 20%. But don't forget capital gains tax on your original holdings.
- Forums
- ASX - General
- allords : current comments
re: allords : 1987 - 28% drop ... 05? the worst that can happen...
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)