This Was My Single Worst Investment in 2020
Perspective has a lot to do with how investors view this year. You're either thrilled to see 2020 come to a close, or you're sad to see such an impressive year for high-growth stocks end.
The benchmark S&P 500 (SNPINDEX: ^GSPC) fell by more than a third in a matter of weeks during the first quarter. It now looks on track to finish the year higher by about 15%. That's well above its 8.6% average annual return over the trailing 40-year period.
In March, I used the stock market's fire sale as an opportunity to open positions in around a dozen new companies and add to a handful of existing positions. These positions have mostly increased in value since my initial purchases.
Source Fool.com
