We’ll look at past market performances, including the surprising results from 2024 and Trump's first term, and evaluate why forecasts often miss the mark. Plus, we’ll discuss the importance of diversification and how to stay calm in the face of uncertainty.
Topics Discussed:
- The 2024 market performance.
- Why market predictions are often unreliable, even from major institutions.
- The importance of compound returns over time.
- How diversification protects against uncertainty.
- Why timing the market based on political changes rarely works.
- The importance of staying invested long-term.
- How to focus on controllable factors.
Resources Mentioned:
Tags:
market predictions, predicting markets, planning for market changes, market shifts, market opportunities, tariffs, election impacts, economic impacts, financial planning, emergency medicine, ER doc, ER doctor,
