Around this time last year, COVID-19 was officially declared a global pandemic and the markets plummeted 30%. We reminded our clients and readers at that time to focus on the bigger perspective. Now, one year later, we can see the market correction in a larger context. What lessons should we learn?

What is yield chasing? Why is it dangerous? Investors take on extra risk for extra yields, putting their portfolio in danger when downturns come. A diversified, balanced portfolio is key.

With coronavirus and the volatility of markets like this it is easy to get queasy. We must continue to keep our eyes on the horizon and embrace the swells.

COVID-19 has been declared a pandemic by WHO, and the reactions to the virus have caused the financial markets to take a big hit.