Book Review — Safe Haven: Investing for Financial Storms

Read this story on my blog instead.

You invest 100$ in an ETF today, and every year the ETF returns 10% on average, you are smart, so you know time in the market beats timing the market.

• Y1 110$
• Y2 121$
• Y3 133$

I said on average, let’s say that means the first year you lose 50% and the next to years you gain 40%:

• Y1 50$
• Y2 70$
• Y3 98$