Originally Posted by
johnso29
Too risky for me PD.
Interesting.
Let's talk about risk. Imagine you had an investment and experienced a 42% loss. 10 years later, your "investment" has gone up by 48% from the low. Sounds good on the surface, right? Well, maybe not so much. A 42% loss requires a 73% increase to get back to break even. And that would be on day one. It's now 10 years later. 10 years of inflation makes that 73% number MUCH higher (120% to be exact.)
And the "company" managing this "investment" wants to continue with doing things essentially the same way that produced the above result. Talk about risk!