Baskin Wealth Management Monthly Newsletter - December 2022

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By David Baskin

Annus Horribilus

I was surprised to find that it is now 30 years since the late Queen Elizabeth II used this memorable phrase to characterize a particularly awful year for her

chart: 2022 easily makes the top ten list for bad stock market returns:

chart: A portfolio of 60% stocks and 40% bonds lost 16.9% in 2022, the 3rd worst performance ever for such a portfolio, and the worst return in the post World War II era.