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Old 08-07-2009, 12:45 PM
cbirk cbirk is offline
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Join Date: May 2008
Location: West Hartford, CT
Posts: 95
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Quote:
Originally Posted by Wagner View Post
Eight years, two wars and the largest terrorist attack in the nations history later....... As opposed to sitting in office 7 months and having..nothing..happen...

So it is up 20% from the 50% drop it took, so it is down 30%
Actually. The math here doesn't work.
If you 401K drops 50% and that increases 20%, it is down 40%.
Example, Initial Balance of $100. Drop 50% gets you to $50. Increase 20% only gets you to $60.
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