Dollar-Cost Averaging, Small Cap, and Stable Value Funds - 367
Your Money, Your Wealth
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How to Take Money Out of a Portfolio in the Down Market
If you're taking dollars out in the down market, you're not going to average seven %. That's why you have a little more safety when you start withdrawing from your accounts. You don't need a 14 % rate of return. If you're down 25 % and you earn 25 % the next year, you're still not square one. Its reverse compounding, compounding when you save. It's money growing on top of itself. Icn to listen every week because never know what joe might say next.
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