A $1.2M Portfolio Lost $187,000 in Three Weeks. Could a Bond Sleeve Help?
Yahoo Finance
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A 67-year-old retiree opens her brokerage statement after three turbulent weeks and sees the balance has fallen from $1. 2 million to roughly $1. 013 million. The portfolio is 100% S&P 500 index funds.
The paper loss of about $187,000 is real money that could fund groceries, property taxes, and Medicare premiums. This scenario plays out regularly ... A $1. 2M Portfolio Lost $187,000 in Three Weeks. Could a Bond Sleeve Help?
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Original source: Yahoo Finance