Standard Deviations with Dr. Daniel Crosby cover image

Nick Maggiulli - Personal Finance Myth-Busting: The Truth Behind Common Money Misconceptions

Standard Deviations with Dr. Daniel Crosby

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How Long Will It Take to Get Back to Even?

i asked twitter fintwitt, how long do you think it's going to take for the market to recover? Basically i say it can be less than a year. Once you have that answer, if you think its on take ten years or five, we can get to this,. So let's say your answer is two years, right? And remember, we're down 33 %, which was, no 50 % to get back to. Even if you think it'm going to take two years to go up fiftyer, you can basically back out your expected return of buying right now. But once you start doing that math, you start to realize, actually, not as scary to

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