The third quarter of 2020 has surprised many investors. Back in March, very few people would have imagined the US market would hit new highs in the month of September – while we are still in the midst of a global pandemic. This is a good example of the difficulty to accurately predict future markets based on current events. That’s why here at Stone Pine, we focus on making adjustments to your portfolio based on what’s going on in your life versus what’s going on in the world. We know this isn’t easy and that’s why we’re here. We’re always happy to talk though any concerns. Reacting to the psychology behind investing often leads to regrettable decisions.
Here we present you with the 2020 Third Quarter Market Review. It’s always interesting to see the short term market but then step back and look at your investments from a long term perspective.
As always, please reach out with any questions.