Her Wealth Matters Series: Market Crash Hall of Fame
Manage episode 343300612 series 3402746
We closed out the month of March with an unprecedented month in the stock market as the coronavirus caused fear and uncertainty throughout the country. To get a little perspective on what we’re witnessing, let’s take a look back through history at the worst market crashes of all-time.
Today's rundown:
1:06 – Black Tuesday in 1929.
2:24 – J’Neanne shares her personal experience of getting hammered by the market during the Dot Com bubble.
3:30 – Panicking in these situations can make things worse.
3:47 – Post 9/11 historical single day decline
4:27 – The Crash of 2008
8:16 – We have clients that don’t care how it works. They just want to know that it will work.
8:36 – A lot of people will try to outpace the market and that’s a critical mistake.
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