Investing Lessons I Learned From 2020's Wild Ride
The year 2020 has been one of the wildest in history for investors. The market was already at all-time highs coming into the year, and then in February and March the COVID-19 pandemic hit the world hard. Markets crashed and panic ensued, but before long the recovery was on and some stocks shot sharply higher. As we stand today, we're back to all-time highs despite a terrible economy by many measures. Who could have predicted that?
As we look back on the year, the winners are starting to emerge, including stocks like Zoom Video Communications (NASDAQ: ZM), Peloton Interactive (NASDAQ: PTON), Tesla (NASDAQ: TSLA), and Shopify (NYSE: SHOP). But there are actually dozens of growth stocks that have wildly outperformed expectations coming into the year.
I'm also starting to see some big, long-term lessons that I'm taking away from 2020. And they'll hopefully make me a better investor over the course of my lifetime.
Source Fool.com
