@bhaaratheey@kapildhama It's the percentage change formula: (final - initial) / initial (%)
If you've taken a 20% loss, to get back to break even, or x, your initial is 0.8x after your loss.
Plugging in: (x - 0.8x) / 0.8x = .2x / .8x or .25 = 25%.
So after a 20% loss, you need to earn back 25%.
@ravenousreader Bro got into West Point! What idiot doesn't want their kid to go to West Point? Isn't it usually covered also so money wouldn't have been an issue?
@operationmilly@financiern@BarbellFi A 529 can also be used toward vocational and trade schools. Also registered apprenticeship programs. It doesn't have to be traditional college.