2020 was a rollercoaster of huge declines followed by a huge recovery, with ultimately happy investors at the end of the year. 9 months ago however, we didn’t know this would be the case. We were filled with uncertainty about the global health crisis and the ramifications it would have on financial health. For that reason we talked strategy such as keeping your emotions in check, remaining long term focused, having humility, knowing your bias, et cetera.
Listen as Generosity Wealth Management founder, Michael Brady, compares having a strategic versus tactical look at 2020 and what that means for the new year.