How to Recover From Serious Financial Loss According to Investors Who Have Done It
Losing your job or watching your investment portfolio plummet is frustrating, discouraging, and frankly, stressful. But most investors face these types of losses or something similar at least once in their lives. Roughly three in four investors surveyed by Ameriprise Financial reported having at least one major financial setback, with over half of them saying this setback cost them at least $50,000 and a third saying it cost them over $100,000.
It took the average investor between three and five years to recover from that loss, but the good news is, nearly half of them recovered completely, and almost all of them made at least a partial comeback. Here's a closer look at some of the steps they took to get there.
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Source Fool.com
