Investing Newsletter - Jan. 2020

• Stock and bond markets continued to rebound from the 2018 correction.

• Asset classes can have very prolonged downturns like what happened with the S&P 500 during the “lost decade”.

• Diversifying into other asset classes like emerging markets and small company stocks would have mitigated losses during the lost decade.

• Just when investors begin to question the future viability of an asset class may be the point a reversal occurs— as what happened with