Think back to December 2019. The economy was humming. Unemployment, interest rates, and inflation were at historically low levels. But then what happened? A global pandemic hit. By the end of March, the S&P 500 had dropped nearly 20% in value.1 Later in the year, scientists announced that they’d developed a vaccine, and markets roared back. FAANG stocks soared … before giving up a lot of gains.2 Meme stocks shot way up … and fell back down. Bitcoin and other
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Insights
This Has Been a Test: Developing a Financial Plan You Can Stick With
Time the Market at Your Peril
Technology enables immediate access to everything wherever and whenever we want it. In many cases, such as staying in touch with friends and family, or learning about world events, that’s a good thing. However, when it comes to investing and money management, my fear is that faster and easier ways of investing will allow people to lose more money faster and easier. As access to investing expands, it becomes even more important to adopt an investment plan that doesn’t try
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