Doesn’t this 50% loss apply to the cum sum of gains though?
That is, if I started with $1 and made $1,000, a 50% loss would still be $500
That is, if I started with $1 and made $1,000, a 50% loss would still be $500
- Unless you were late to the party. If you didn't get in the fund until (say) November, you have lost money.