History repeats itself

Stock market

The below article was written in December 2020. I thought it was worth republishing. Today, the DJIA is sitting just shy of 45,000. In a short period of time, the rate of change has been 50 percent. Markets are hard to predict, if not impossible. Few, if anybody, would have predicted that in a few short years, even with COVID-19, we would see a market near 45,000 today, but we have. Over this short period, I have heard many in the industry talk about the risk of investing and how risky the markets were at that moment in time. The way I see it, the real risk was not being invested.  

Enjoy the article below, and Merry Christmas!