Let’s do the Math

Dwain Northey (Gen X)

This is the problem we are having is that normal people math and rich people math are different.

Poor or normal math… you have $100,000 in your retirement account and the market crashes and you lose 50%… yes you list 1/2 of your retirement. The market rebounds 50% … yeah I got my money back , no you didn’t you got 50% of the $50k you have left after the first crash and that 50% is only $25k… get it you lost no matter how you look at it.

Rich math spent $50k right after the market took 50% out of your account and then it bounced back from the fall… rich maths $50k is now worth $75k.

Your math with the sane market turned your $100k into $75k.


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