2020 Market Recap & 2021 Expectations
Laurie and her guests, Tim Roof, CFP® and William Henderson, Head of Investments at Valley National Financial Advisors discussed the 2020 Market recap and 2021 forecast. We learned during a black swan, or unusual event like a global pandemic, that Monetary and Fiscal policy can serve as a back up to the market response to the unknowns. On the personal financial side, emergency reserves and a 2-5 year bucket helps get through the short term volatility. Understand your risk tolerance and stick to a discipline for your asset allocation and diversification.