The Markets Were Miserable Last Year, But That’s Great News

It’s all about perspective. Hopefully, you learned that your financial plan can withstand market downturns. If not, now you know you need to make adjustments.

At one end of a bench, a young man looks disappointed and glum. On the other end, a young woman celebrates.
(Image credit: Getty Images)

It’s not a shock that the markets had a pretty abysmal year last year, in fact the worst since 2008. Not only that, 2022’s double-digit loss was the worst for the bond market since 1976, the first year tracked by the Barclays Agg. That being said, the miserable market is great news — but how?

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Andrew Rosen, CFP®, CEP
President, Partner and Financial Adviser, Diversified, LLC

In March 2010, Andrew Rosen joined Diversified, bringing with him nine years of financial industry experience.  As a financial planner, Andrew forges lifelong relationships with clients, coaching them through all stages of life. He has obtained his Series 6, 7 and 63, along with property/casualty and health/life insurance licenses.