Yes, March 2020 was a nosedive. Investors who stayed the course have been rewarded.
I don't know if I told this story here. I had a co worker panic and sell all of his stock mutual funds in his 401k in March/April of 2020. He didn't buy back in until last summer. He won't say how much he lost. My account was -33% YTD at the bottom. I didn't sell and finished 2020 at +20%. If I use my numbers with his balance, he threw away 300k. It's going to be a rough year
Daddy always said "If you are going to be dumb then you need to be tough".
