The financial crises in 2008 and the Coronvirus pandemic of 2020 were both very scary times to be an investor. These events shared many similarities, but also have some differences. The real questions to ask yourself are what you have learned from these events and what can you do differently to help protect your finance from these types of events in the future.
If you own a traditional portfolio with a 60/40 split between stock and bonds, then you likely saw major drops in the value of your portfolio during these events. If you owned something like a senior’s care home…