How so? I haven't received the portfolio yet so I'm not 100% sure on the exact details -- all I know is what my dad has told me.
The markets been doing pretty damn well as of late. I dont understand how it can still be 50% gone unless your relatives diversified extremely poorly.
Exactly. Markets are basically back to where they were before the drop. Assuming your uncle put the money in over, say, the last ten years, on a regular basis, you should be up, not down. He must have bought some really stupid shit.
I am not a manager but asset allocation is a massively important aspect of portfolio management. The rules most even low-level retail advisors follow would have you up right now.
They thought Blockbuster was bound to regain a sizable marketshare