I have a friend who's mutual fund account went from $100,022.50 to $87,270.38 in 2019.
A loss of $12,752.12.
From the statement looks like stocks are grouped into three categories - all Invesco Oppenheimer Rochester acquired in 2008.
I'm not very well versed in the stock market other than what I hear in the news in general terms.
Seems like my friend's account should be increasing given the positive direction of the market.
I did go back to these two threads:
http://forums.pelicanparts.com/off-topic-discussions/1020645-financial-advisor.html
http://forums.pelicanparts.com/off-topic-discussions/1041465-learning-invest.html
....but also wanted to drill down on this specific situation for input from the brain trust here.
Thanks!