2020: Out to Lunch or On the Right Track?

Adam Pukalo | Feb 15, 2021

2020 was an unusual year to say the least.

However, there was some good that came as a result of this years events.....
•   Spending more time with loved ones in your household
•   Finding new or rediscovering old hobbies (who would have thought puzzles would be sold out in places)
•   Lady Gaga released a new album
•   Adopting and fostering pets are way up
•   Queen Elizabeth got on Zoom

Every year I like to look back on the research I used to help make investment decisions for clients.

Was I out to lunch or on the right track?

Below is what I posted on Twitter for everyone to read throughout the year about where I saw opportunities and what to look for.

My three biggest takeaways that formed the basis for what I spoke to clients about were...

1. March 4th - "It can be easy for investors to get caught on the Emotional Rollercoaster if they don't have a plan for their portfolio."

My recommendation was not to sell in March.

2. June 12th - "Try taking a long term view of the markets. History shows the recent strength in the S&P 500 could continue. Near term declines are normal and expected."

Now in December here the S&P 500 has made new all-time highs showing it is important to have a core U.S. position.

3. November 25th - "Can't say I'm not guilty of this at times..."One of the frustrating things for people who miss the first rally in a bull market is that they wait for the big correction, and it never comes. The market just keeps climbing and climbing.” - Martin Zweig.

I started off by admitting I've missed out on rallies before hoping there was a pullback. However, we all learn from our mistakes and I really like this quote because if now you are thinking it isn't a good time to buy history actually shows the opposite.

Happy New Year!

January 29th, 2020