The average return in the market since 2001 is 6%, we have achieved 50% of the annual return in 2 weeks, quite impressive! This is on track for up 50% in 2020 at this pace.
Please read my thoughts on 2020 in post "The Year of an Explosive Market" from January 1st.
With 3% up in first two weeks, 50% of total gains on average over the last 19 years in the market, I urge considering taking some risk off the table if you are over 50 years old.
At a minimum take a look at the chart below and you evaluate what you think is a "good return" in 2020 with your expectations.
I compiled quite a bit of data to give you information 'at a glance' to decide if the risk vs rewards is worth it. For 2020, I assumed all percentages from close of Friday 1/17, and not from 1/1/2020. We are already up 3%, so if the targets I call out are hit, we will in fact have even greater returns.
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