Investing in 2020 & beyond - Survival of the Fittest

<p>Welcome to making smart decisions with Josh Tirado. Today's topic is investing in 2020 and beyond the survival of the fittest. Now, if you think back to school and learning about the survival of the fittest, but I imagine it is a lion running across a Prairie, tackling another weak animal, and having lunch. And if that's not what you imagine it is now, because I just planted that thought in your head, but that would be completely wrong.</p><p>[00:02:07] When Darwin actually looked at the survival of the fittest, one of them reads organisms best adjusted to their environment are the most successful in surviving and reproducing. Therefore, it is not always the biggest, the strongest, the fastest, but rather the animals or organisms that are most adept at adapting to their environment because, in the wild, the environment is always changing in the market and in society.</p><p>[00:02:33] And especially in 2020 and beyond, because this year has been amazing. Things are constantly changing, and people who just. Sit by and go with the flow or stick to whatever they've been using that  has been working for a long time and aren't adapting will be passed by. So it's not often, you probably hear survival of the fittest compared to investing, but in this case, I feel that is very important.</p><p>[00:03:00]2020, and moving forward, there are a lot of things going on, geopolitically, the market interest rates, the pandemic we're dealing with. And things are changing, and they're changing rapidly. People who can adjust their goals, their investment strategies, they're planning to adapt to that environment will survive and thrive.</p><p>[00:03:21] People who are not adapting will be left behind. I feel that one of the greatest attributes that a person can continue doing throughout their lifetime is learning. And the learning also applies to investments. In fact, in a recent poll of my clients, the top two reasons that clients chose to work with me and have stayed with me over the years are, first and foremost, the i