Downhill runs are faster than uphill. You'll lose $10 in 10 days, but will take 30 days to recoup the loss. Or put another way, 3 years to make back the 1 year loss.
What a stupid remark. If you start with $100, and lose $10, you have $90 left. So you need to make 11.11% profit on your $90 to get back to $100. If you start with $100, and lose $75, you have $25 left. That's the last big drop we saw. You need to make 300% profit on your $25 to get back to $100.
True. But to keep things in perspective we use percentage as a measure. That way we don't have to disclose the dollar value of an investment. We just have to keep in mind that a 50% loss requires a 100% gain. If we have a 75% gain then lose 50% we are underwater.
No. But I would like to add some more soon. Lately I have been buried with some projects at my house. Two weeks ago I had three oak trees and 140 bamboo trees removed from one side of my property, and this week I've got a crew cutting down well over 500 bamboos on the other side. It's a total clusterfuck at the moment.