This year has been a trying one for investors, and it is natural during such times to want to chuck this whole investing game and seriously consider keeping your cash under the mattress. How bad was the year? It was a year where seemingly nothing made money. To illustrate, we took closing prices of December 28th for some broad indexes and asset classes and compared them against their 2018 highs. Universally, there was drawdown, sometimes violently. Consider first the most familiar North Ameria indices: Dismal across the board, these results put us firmly in "correction" territory (down 10%-plus) and within spitting distance of a bear market (down 20%-plus), at least for the tech-heavy Nasdaq
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