Like most investors, my portfolio went for a wild ride in 2020. During the worst of the crash (for me, at least), on the morning of March 16, I found myself down approximately 51% on a year-to-date basis. By year’s end, I’d clawed my way back to finish higher by 13%, including dividends paid.
I’d hoped for a calmer year in 2021, but that’s not exactly what we’ve received.
Through the first (nearly) three months of 2021, we’ve watched retail investors on Reddit whipsaw dozens of heavily short-sold companies and/or penny stocks, and navigated through numerous triple-digit point swings in the tech-heavy Nasdaq Composite, which has been perturbed of late by rapidly rising Treasury bond yields.