Crashes & Taxes
May 21, 2020 | 16 min
Adapting Your Investment Strategy for the New Normal
As we discussed in last week’s episodes, 2020 has produced significant market highs, only to be followed by some of the deepest one-day drops the market has ever seen.
If we look further into history, we realize that this isn’t just about the coronavirus; this is actually a new pattern of how the market performs. The new normal is insane market highs and vicious lows.
We need to accept this to be the new reality of investing in the stock market, and take action to fortify our investments and financial security.
What are the past market conditions that have given strong indications toward our current situation? How can we put the right plan in place in response to the new normal?
In this episode I talk about what we can expect from the stock market going forward, and how to plan accordingly for it.