It’s been one heck of a week, to follow what was, by any measure, one heck of a year.
In finance, one thing you eventually have to accept is that it’s impossible to predict what’s going to happen next. Lots of events look obvious, in hindsight. But lots of potential events that didn’t happen would have looked obvious in hindsight as well.
That feeling — unsure what’s about to happen, recognizing that some of the potential outcomes are dramatically different than other potential outcomes — feels particularly acute right now.
As always, thank you for reading, and I wish you well.
Recommended Reading
- Should You Buy At An All-Time High? from Nick Maggiulli
- Do Fund Companies Have a Duty to Pass Along Economies of Scale? from John Rekenthaler
- Quantifying the Value of Retirement Accounts from Aaron Brask
- How Did You Do on Financial Goals for 2020? Here’s What to Do for a Better 2021 from Carmen Reinicke
- 2021 Charitable Contribution Deduction for Non-Itemizers from Harry Sit
- Early Onset Alzheimer’s: from Denial to Empowerment from Kim Blanton