Exactly one year ago, Sue Park decided it was a great time to buy shares for the first time ever.Tech stocks are expected to fall sharply when interest rates are liftedThat was despite the world facing its worst health crisis in more than 100 years.Basically, a flood of panicked investors hit the "sell" button at the same time on March 16, 2020.That caused the market to wipe out all its gains from the past four years . The ASX 200 plunged 9.
Luckily for Ms Park, who manages a cafe in Sydney's inner-west , the market didn't have much further to drop, in hindsight.The ASX 200 has jumped 49 per cent since its low point in March 2020.
the first quarter of 2020 had a downturn that was the worst recorded in history. it FAR out-stripped the great depression.
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