Not exact matches
Many investors felt this pain
after the 2008
market crash, though those who remained invested at the 2008/2009 lows have more than made their
money back in the years since — the S&P 500 Index is up 171 percent since the beginning of 2009.
As an aside, Grantham also notes that no stock
market crash has occurred until
after average investors have been dragged into the party's frenzied last hours, too late to make much
money but just in time to have their portfolios gutted (again).
When just about everyone in the
markets lost
money in the Wall Street
crash of 1929, Livermore was worth $ 100 million
after his short - selling profits.
Getting spooked by a dip (or even a
crash like the one in 2008) and pulling your
money out of the
market has proven to be a poor strategy time
after time.
So if you hypothetically got into the
market right
after the 2008
crash it would seem that if you just held on to MVV you would have increased your
money 18 fold vs just 3.5 fold with MDY.
If the thought of losing
money or having to recover
after a
market crash leaves you feeling queasy, you might be better off playing it safe with bonds or certificates of deposit instead.
In general, it is historically true that the
market recovers
after crashes, so yes, if you have the financial and psychological fortitude to not pull your
money out during the
crash, and to ride it out, your net worth will probably go back up
after a rough interlude.
She started photographing
money not long
after the 1987 stock
market crash.