Every year the market never fails to surprise us with big winners and losers. The S&P 500’s 22% rise was one winner, but it wasn’t the best and far from the worst. This is the third year for the best and worst market awards with the focus on finding this years best and worst performing investments across several categories.
I do this every year for three simple reasons. The first, its fun to see the winners and losers of the year and compare it to earlier years.
Second, we might actually learn something. Outliers exist inside of every market that offer greater rewards and risks than your typical index fund. Whether it fits your investment strategy or not, finding out why can be helpful if not educational.
Third, it stands as a reminder that every year is different. The old disclaimer about past performance is true. You only have to look back at last year’s awards to see that it doesn’t guarantee future results. That said, investments don’t stop being naughty or nice because the year is over either. And whatever you do, don’t blindly invest off this list before doing some research first. Continue Reading…