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Given how far markets tumbled in March, most funds ended the year in positive territory, some very positive.
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As for investing, I do think you have to believe that people want to live better going forward. So, long term, investing should turn out OK. If you don't believe that, not sure how you convince yourself to invest.
Despite yesterday's pullback, markets seem off to a good start this year, especially value. I'll venture to speculate that Yellen, Powell, less uncertainty in administration, expectation of continued stimulus, expectation of infrastructure spending, vaccine(s), Brexit resolution, and ZIRP are several things markets can feel optimism about.
In any case, would certainly like to see less volatility.