3 ms·
Doesn’t this 50% loss apply to the cum sum of gains though? That is, if I started with $1 and made $1,000, a 50% loss would still be $500
by weeboid 6y ago
Doesn’t this 50% loss apply to the cum sum of gains though?
That is, if I started with $1 and made $1,000, a 50% loss would still be $500
- runako 6y agoYes you have more money than you started with, but you will still be down compared with an index that did not have a 50% drawdown at any point. - Unless you were late to the party. If you didn't get in the fund until (say) November, you have lost money.