2019 Was A Great Year for the Market

January 8, 2020
It was a great year for the market in 2019 after it recovered from a scary end to 2018. The S&P500, which features the majority of the largest publicly traded international companies was up 28.8% in this calendar year. An extremely impressive year, but this was also coming off a very bad year in 2018 when the same index returned -6.59%. In Canada, the S&P/TSX 60, which features 60 of the largest publicly traded companies in Canada returned an impressive 19% but also was following a dismal -11.64% in 2018. If we were to look at the same markets over the past two years they would have had an annualized return on investment of 9.88% and 2.59% respectively. This is very important to look at these returns because if we need to remember the reasons why the market returned such Read more