As the Dow reaches another all time high it seems like a good time to reflect on the past 12 years. Think about it: five years ago we thought the world was going to end. Today, we have recovered from the second worst market correction since the Great Depression.
Sometime during the past 12 years, everyone, even those with the strongest convictions, questioned the market’s ability to recover. But it always did. So what lessons can we take away from this? I think the message is simple, focus on what can be controlled, not the things that can’t.