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by vecinu
1091 days ago
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I don't think I'm following, you didn't "lose" anything if you didn't sell. Even if you invested in 2007 at the peak and lost 50% of a 100% S&P500 portfolio by 2009, by now you'd be extremely wealthy, adjusting for inflation. A $10k investment in 2007 is now worth $27k and that assumes you didn't contribute another penny for 16 years. |
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This is the same reasoning as Banks avoiding mark-to-market.