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Market Correction

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Interesting part of the above there which I don’t think people really think about ...

 

“Consider the math. To offset an 8% loss in a stock, you need an 8.7% gain in the next one. No sweat.

 

But what if you decide to dump a stock that's fallen 25%? You'll need a 33% winner to break even. How about a 50% *****? Your next stock must double to yank yourself out of the hole. Chilling math, isn't it?”

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