I remember the crash back then. What I did though was have all my equities sold and then bought BONDS. LOTS of them.
So while the market was in a state of flux for awhile aftwer Black Monday, I was making money with Bonds.
When the equity markets are down, that is the time to look to BONDS to grow.... You will make money.
BTW, something I discovered a little ways back was another investment that Guarantees me I will never lose more than 1% of my equity value and Guarantees me 8% growth OR if my equity side grows more then I get the higher of the two.
I sleep well at night with that one... SO, my minimum gain annully is 8% and it could be much higher than that,.
This past year I made about 16 percent on my account.
I'll take it and be happy.
SO there are different ways to approach the markets without really worrying too much and you can make money when the stock markets are going down and flatlining by buting into BOND Market. They do well when the stocks are not.
Opportunities always exist...
Wish I could talk you into joining the party..
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