“It’s never too late to retire early”
What you need to know about these dangerous investing bubbles
While stock volatility is always present, this year has been off the charts. The benchmark S&P 500 went through roughly a decade’s worth of price swings in six months. It lost a third of its value in a month, then recouped everything lost in just under five months.
Just as investors overreacted to the downside in March on pandemic concerns, they now appear to be showing signs of overzealousness to the upside. The US economy is nowhere near its pre-pandemic levels. However, the stock market is hitting new highs.
No matter how well or poorly the market is performing, there always seems to be at least one potential bubble waiting to burst. With exuberance in full force following positive news of a potential vaccine, three potential bubbles are waiting to collapse.
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It’s never too late to start saving,
Gordon Fox
P.S.
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