2018 Market Review – Another Viewpoint
2018—Not as bad as it seemed… Not long ago I was walking through a city park. High on a tree was a sign showing the high-water mark from the last great flood. The analogy struck me… We as investors always remember the high-water mark of our portfolio’s value. Never mind that we didn’t liquidate it […]
2018 Market Review
This was the year the long, seemingly endless bull market came to a crashing halt–and U.S. investors finally, for the first time since 2008, experienced the normal definition of a bear market (down 20% from the S&P 500’s all-time high on September 20). The bottom fell out in the final month of the year, which […]