SPY

Do you know what is the YTD of SPY? -6.4%. Yes, -6.4% is the most recent figure.

For layman, you may find it hard to believe, that with all the headlines of covid19 making as well as the obvious hit to the economy. How the board market only drop 6.4%?

1. While there are businesses going south, there are also plenty going north with the new economy. The Covid19 speed up the technology advancement and only for those who adapt quickly could come out ahead.
2. Money being printed. We should be getting used to low salary while asset price keep going up. This is like the new normal. Like it or hate it, this is how it works now. Keep investing is important or your dollar bill may get depreciated across time.

Just keep your stop loss and stop focusing on the headlines.

Stay safe and healthy