How to Save Yourself from ... Yourself
by Jamie Letcher, CRPC, Financial Adviser, CUNA Brokerage Services
Jun 22, 2020
3 minutes
As the coronavirus pandemic continues to challenge every aspect of our lives -- work, family, health and money -- it is imperative we all take a gut check on any of our portfolio exposed to the wild rides of the financial markets. A recap is important: According to JP Morgan's Q2 2020 Guide, the S&P 500 index hit its last historical high on Feb. 19, 2020. It then promptly plummeted over the next four weeks, dropping 34%. That epic plunge ended the longest bull-run in stock market history on March 12, a few days after its 11th anniversary.
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