SIX SIMILARITIES BETWEEN TODAY AND 1987, WHEN THE DOW PLUMMETED 23% IN ONE DAY$GLD $AAPL $AMZN $TSLA $BAC $SPY $EEM
It was 30 years ago this month. I had millions of dollars of my own money invested in the stock market. Other investors did too, and everyone was making money.
On Oct. 19, 1987, the Dow Jones Industrial Average DJIA fell 22.6%. The S&P 500 Index SPX dropped 20.5%. It’s known as Black Monday, or the Crash of ’87.
Three decades on, could the stock market fall at a similar rate? If so, what should you do to protect yourself? These are the key questions investors ought to ponder now that U.S. stocks are collectively trading at record highs. History does not always repeat, but we must still learn from history.… Please click here or the title below to read more.
October 3, 2017