Good news, bad news, it doesn't matter - the markets are unpredictable and 2020 was no exception!
The markets dropped 34% following the unprecedented shut downs from COVID 19. If you were watching the news and all of the horrible events that occurred throughout the year, you probably would've guessed that the markets continued to decline, but you'd be wrong. Following the dramatic drawdown, the markets rallied 70% to finish the year positive 18%!
Stop trying to predict the markets and:
1. Focus on what you can control.
2. Understand your feelings are not a strategy
3. Use the market as a long term wealth building tool
4. Have an Emergency Fund
Happy building wealth!
www.advizewealth.com