WHAT IF THE DOW FELL ANOTHER 4,000-PLUS POINTS — WOULD YOU BE PREPARED? $AMZN $AAPL $FB $NFLX $GOOG $JNJ $MU $AMD $NVDA $SPY $QQQ $DIA $IWM $GOOGL
Would you be prepared if the Dow Jones Industrial Average fell another 4,000-plus points?
That kind of decline sounds shocking. But it’s instructive because it points to an important element of investing: preparedness.
The Dow has fallen more than 4,000 points from its high this year — all of it in the fourth quarter. In mid-October I suggested that investors be prepared for a sudden downdraft, asking in a column “Would you be prepared if the Dow Jones Industrial Average were to fall 5,700 points?” I chose that number because the Dow fell 23% on Black Monday in October 1987, equivalent to about 5,700 points today.… Please click here or the title below to read more.
December 22, 2018