There’s much you can learn from previous market crashes that can help you personally and professionally, in addition to better managing your portfolio. But it’s so common precisely because it’s almost certainly the best foundational strategy for dealing with a market crash. Within the past 33 years, we’ve had three major stock market crashes – 1987, the Dot.com Bust (2000 – 2003), and the Financial Meltdown (2007 – 2008). But all of these crashes and mini crashes have one thing in common: we’ve not only survived them, but the market has gone on to reach new highs after each one. I personally made some of my very best investments in 2009 when the last bear market in stocks market bottomed.
Source: Forbes March 23, 2020 15:45 UTC