- You own $10,000 worth of a mutual fund representing the Nasdaq Composite index. The Nasdaq Composite, which opened at 2,795, drops by 200 points by the time the market closes today. Headlines scream about a large market loss.
- You own $10,000 worth of stock in a company, which opened at $8.00/share and falls to $7.20/share by the time the market closes today.
This is my personal blog. Expect ramblings on investing, business, technology, entrepreneurship, books, good causes, (un)conventional wisdom, food, human behavior, and life. And keep those expectations low. :-)
Monday, November 5, 2007
Thinking In Percentages Not Absolutes (Investing)
Question: Which hurts your investment portfolio value the most?
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