Is Your Investment Portfolio Down Big? Here's the Simplest Road to Recovery
Many industry-leading companies such as Amazon and Nike have seen their valuations cut by 40% or more in less than a year. Growth-orientated investors may be down worse, as several leading growth stocks are down 70% or more from their highs.
When a portfolio is down by 50%, it needs to double just to break even. And if it's down 75%, it has to quadruple just to break even. Climbing out of a hole that deep can seem impossible. But the stock market has a track record for rewarding patience paired with a sound investing approach. Here's the simplest road to recovery if the bear market has taken a sledgehammer to your portfolio.
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Source Fool.com
