
rsm
Well-known member
Imagine living through 2008’s crysis ?
Everything will bounce back. Hell, people still buy Coliseums for 15k.
And prices are yet not back to good moving prices in most cases. Find me a pre covid price for a Coliseum, I’ll sell my neighbor’s both kidneys for it.
That took several years to "bounce back" from 2008 if you did not need to use your investments (e.g., retirees); the bounce back from the 1929 crash took even longer - 25 years; most people that retired would be dead before any bounce back.
it's called sequence of returns risk.