Minimizing Your Taxes and Managing Your Complex Affairs

Tax Tips, Finance Tips, Fun Events

Tips for Individuals, Businesses and Charities. Fun Events.

Your Portfolio Dropped. How Much Do You Need to Break Even?

 The tariffs are playing havoc with financial markets. Here’s a reminder that a drop in your portfolio requires a higher increase to breakeven.

 For example, if your stock dropped 20%, to get it to the original price you need a 25% price increase.

 For example, if your stock dropped 10%, to get it to the original price you need a 11.1% price increase.

 For example, if your stock dropped 30%, to get it to the original price you need a 42.9% price increase.

Richard Pon CPA, CFP