2020 has provided some unusual and extreme market developments, most recent being the strong November stock market rally. Market levels were pushed higher as investors felt a measure of relief with U.S. election outcomes mostly settled and vaccination trial outcomes providing much needed promise even as the uptrend in COVID-19 cases was worrisome. The welcome November rally gave pause to reflect on some investment fundamentals, in particular the benefit of diversification and the challenge of attempting to time market trends. A review of some 2020 developments can provide perspective and balance for investing yet ahead.