Did You Lose Money or Make Money During the Stock Market Crash of 2020?
On August 18, 2020, just six months after the worst stock market crash since the "Great Recession" of 2008, the stock market (as measured by the S&P 500) has reached all-time highs.
Were you one of the people who lost money during the crash or did you make money?
Looking back, are you wondering what the best course of action would have been?
What will you do to prepare for the next stock market crash or pullback?
In this 11-min video I answer those questions and more!
If you are searching for reasons why the S&P 500 hit all time highs while our country is in the middle of a pandemic and suffering from high unemployment and a recession, this article provides some insight.
Disclaimer: This blog article was written for informational and educational purposes and should not be considered personalized investment advice. Before investing, considering consulting a financial advisor who is familiar with your unique circumstances.
Laurie Itkin, CDFA, is a financial advisor, certified divorce financial analyst and author of the Amazon best-seller, Every Woman Should Know Her Options. She manages investment and retirement accounts as a wealth manager at Coastwise Capital Group and has provided financial preparation, planning, and analysis to individuals and couples in more than 130 divorce cases throughout California. Subscribe to her monthly newsletter or contact her to schedule a brief phone consultation at firstname.lastname@example.org or 858-220-4736.