05-12-2022, 06:31 PM
(05-12-2022, 02:18 PM)ken-do-nim Wrote: Only 30%, wow. I'm so glad you were given a second chance in life.
How long did it take your portfolio to return to over $214k?
yea, it wasn't good, took them 8 months to figure it out by the time the cancer was diagnosed i was stage 4--well--there's no stage 5
thank you though
i can't remember how long it took to recover??
i do remember bottomed out at 104k then in march/april 2009 it started to rebound
my goal was to have net assets (home equity included) of 1mil by age 50--i made that by age 45--i thought it was not doable because of that massive recession and portfolio hit--but it was a total surprise
i was 36 in 2008 when i was diagnosed, then the Great Recession started....so.....i more then recovered and then some by 2016 at age 45
i set goals of "total net assets" and "total investment assets"
i find if i don't set goals i get lazy and not try as hard or slack off or make bad investments--setting goals helps keep my head clear
right now my main goal is 3mil to retire, once i get to 3mil i'm going to retire, if i don't get there for some reason then i'll retire in and around 62
i'm 51 right now--i broke 2mil in the market 2021 at age 50 but took a massive hit, massive--i got caught off guard how quickly the market was going to sour-thought we had 6months to a year in order to adjust--man was i wrong
i'm sitting at 1.727mil in the market as we speak