Only Hindsight is 20/20

Only Hindsight is 20/20

Show notes

Topics discussed: I had two conversations last week that came to opposing conclusions about 2020. One friend told me they had a gut feeling about 2020 and they felt strongly that the momentum from 2019 would carry over and their stock investments would do even better in 2020. Another friend told me that they felt like 2019 led to an overheated market and they were fearful whether they should own any stocks at all. To both conclusions, I replied with the same question, “Why so?”

I asked this question because I wanted to know if their conclusion was grounded in logic and evidence or if it was simply birthed from a feeling. Our emotions can be deceiving, and our memories can be selective, which is why I don’t put a lot of confidence in these types of gut predictions. But, hey, let’s lean into these claims and parse them out in today’s Thoughts On Money.

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Trevor Cummings

Trevor Cummings

Trevor is a Partner, Director of our Private Wealth Advisor Group, and Author of Thoughts on Money.

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