News for hackers. Stuff that matters.
Re:U.S. stock market returns – a history from the 1870s to 2022 by Retric on Friday January 06, 2023 @03:51PM (#34280876)
When spending down money you get the reverse of cost dollar averaging. In a good year you might sell say 1,000 shares but in a down year you might need to sell twice that to take out the same money. This means more of your shares are sold in down years than good years.

This is why people say to increase the bond ratio in retirement, but that also reduces expected returns.

There are no comments on this comment yet.