Stock Market Crash: Think 1938, Not 2008
This is from a great piece by Joshua M. Brown at CSMonitor.com.
It’s too early to call a double dip recession as being imminent or inevitable, but it’s never too early to mentally prepare for one.
My advice is to stop thinking 2008 and instead start thinking 1938 or 1953 or 1969 or 1981, you get the drift. Not every slowdown is a crash and we are in a secular bear market after all.
- gaszookie posted this