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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Honey_Bee who wrote (24553)	8/29/2006 12:59:06 PM
From: Math Junkie	Read Replies (2) \| Respond to of 42834

"Please explain to me how 30% of 65% losing 75% is equal to a 7% loss. My math skills are not very good." I'll be happy to, Ms. Roses. You left out the fact that Brinker recommends that retired people have only half of their portfolios in the stock market in the first place. 0.5 x 0.3 x 0.65 x 0.7 = 0.06825, which rounds to 7%. Other than that, I used 70% as the loss while you used 75%, but I'm sure you don't want to nitpick. But just in case, 0.5 x 0.3 x 0.65 x 0.75 = 0.073125, which rounds to 7%.