The Time To Recover From A Loss

Clients who want to know how long it will take to recover after a newsworthy market loss may want to look back in history. In the article ‘The Time To Recover From A Loss’ on the Private Wealth Canada website, Jim C. Otar, a retired engineer and financial planner, uses a process he calls ‘aftcast’ which uses the actual market history to show what would have happened in the past without any predictive claims about the future. This “bird’s-eye view of all outcomes makes any shortfalls clearly visible,” he says.