Absent investment chicanery, every portfolio is going to have positive returns at times and negative returns at other times. Does the order of these gains and losses actually matter?

The answer: Sometimes. Here's why advisors should care.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access