
It’s hard to believe that it’s been five years since quarantine and social distancing. The world has changed rapidly over this course of time. Some changes have been better, others worse, and some indifferent.
How Has Your Life Unfolded Since Quarantine?
First off, quarantine probably feels like ancient history. Time seems to have flown by at a much more rapid pace. Since then, what has changed in your life? Hopefully you are no longer going up to the bank teller wearing a mask and asking for money!
One thing is certain, you are five years older. Hopefully you’ve experienced a lot of personal and professional growth during this timeframe.
Perhaps you moved to be closer to family or embarked on a new career? Maybe you changed jobs, got really fit, or started a new business?
On a personal level, maybe you have some more additions to your family and are sharing a lot of great memories together! :)
Hindsight Can Be Perplexing
Our funny image in today’s article is about money. How has your financial situation changed since the days of quarantine and social distancing?
It was a very scary time. Businesses were closed, video conferences were extremely popular, and anxiety ran high!
It felt like the world was going to end. But it didn’t. We are still here and moving forward.
Investment Performance Since Quarantine
Five years ago was a very anxious time in life and in the financial markets.
From a financial point of view a lot has changed. Let’s take a look at a common performance benchmark, the S&P 500.
The S&P 500 is up 95% over the past five years! Would you have thought this great performance would be possible in March 2020? Probably not. But it’s an example to “stick with it” when times are tough and very uncertain.
It’s very similar to the quote from the Danish philosopher Soren Kierkegaard, “Life can only be understood backwards, but it must be lived forwards.”
What else is on your mind when it comes to quarantine, philosophy, and finances?
Photo credit: @elarroyo_atx