financialInvestment
#RI-69c91a43·4 months ago·
1
“Invested $60k in John Hancock conservative retirement fund in 2014”
What Actually Happened
Lost $21k due to progressive loss in value and withdrawals
What I wish I knew
"Understood the terms of 'normal distribution' withdrawals"
Advice to Someone Facing This Now
If I could tell you one thing
"Carefully review investment statements and understand all terms"
Regret Index
8/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
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financial Category
1,609
financial decisions logged. Avg regret 5.4/10 across the category.
Same Outcome Band
43%
of financial decisions land in the severe band the same as this one.
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