I’ve written about the power of diversification before. But considering how the markets are performing these days, it seems very worthwhile to write about it again.
I know investments have been crashing almost unilaterally since Monday, Feb. 24. After the closing bell, CNBC was publishing pieces such as “Dow Plunges 1,000 Points on Coronavirus Fears, 3.5% Drop Is Worst in Two Years.” And “10-Year Treasury Yield Falls to Three-Year Low on Coronavirus Fears, 30-Year Rate Hits Record Low.”
Exactly what coronavirus fears were there? Well, as we learned from every other headline out there that