As they say, investing isn't about timing the market, but your time in the market. But it's hard not to be at least a little bummed out when your portfolio plummets during a market dip. The New York Times created an interactive tool that tells you how long it will take your investment portfolio to bounce back after its plummeted.
Just enter the value of your portfolio at its best, then put in its current value and how much you contribute annually. You can adjust the annual return and inflation rates.
Of course, it's hard to predict what those returns are going to be, but that's sort of the idea of the tool. You can adjust the rate and see how long it will take your portfolio to recover in the best and worst-case scenarios. To see how long it'll take without any added savings, simply enter "0" where it asks you how much you'll contribute.
Click the link to check it out for yourself.
Calculate Your Financial Comeback | The New York Times
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