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Some People Did Not Suffer Any Losses the Last Two Years
We want to welcome new stations to Missed Fortune Radio:
KIOU in Shreveport LA, KLNG in Omaha NE WFAM in Augusta GA, WYYC in York PA, WNBY in Pensacola FL, WIJD in Mobile AL, WSKY in Ashville NC, KWDF Alexandria LA, WBXR in Huntsville AL, WCPC in Tupelo MS, WLMR in Chattanooga TN, KPRC in Houston, TX
Did you miss this week’s show? Doug Andrew discussed the following:
Recovering from losses can be tough when money is left in the market. Realize that when an account loses 50 percent of its value, the account has to experience a 100 percent gain just to get back to the break-even point. That could take years in this volatile economy.
Some investors who had $100,000 in the S&P 500 during the last 10 years saw their money grow, but then dissipate to $68,000. Had they used indexing, they could have had a current account value of $178,000.
Because of the overall response to our 3 hour seminar this last week held live in Salt Lake City, Utah and broadcast nationally over the web, we’re going to do an encore presentation this coming Tuesday, May 19th, from 5:30 PM – 8:30 PM Pacific
See Doug Live: Tuesday, May 19 in Salt Lake City, Utah 2009, . To attend by computer and phone (Click here to register). To attend live (Click here to register)
New FREE Missed Fortune E-book: Baby Boomer Blunders. THE PROBLEM? The average Baby Boomer has less than $50,000 accumulated for retirement (which means many have less than that), primarily due to bad habits and having money invested in the wrong places where economic downturns can diminish their nest egg. Download at www.babyboomerblunders.com
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