Banker on FIRE takes us through how a hypothetical investor with a nice round six-figure sum would have endured the previous trying times, and gives us all a little courage for the bear market.
If you happen to be in that camp, consider yourself lucky, because you’re about to put your equities portfolio on steroids. But what about the rest of us?
As a result, someone starting with a $100,000 portfolio ended the year with just $67,000 to their name – and that’s after they contributed $6,000 in new money.