Market Crash! Why and What to Do? | Market Corrections
March 2024 will be remembered in the financial world but it's not the only year that has faced major corrections. Investing history has been a witness to many such years like:
1929 Wall Street Crash: This one led to a prolonged global depression.
1987 ‘Black Monday’ Crash: A sudden, severe, and largely unexpected stock market crash that saw the Dow Jones Industrial Average fall by 22% in a single day.
2000 Dot-Com Bubble Burst: Overvaluation of tech stocks led to a crash, wiping out trillions of dollars of wealth.
2020 COVID-19 Crash: The global pandemic led to one of the fastest drops in global stock markets in financial history.
These corrections, while challenging remind us that every downturn is an opportunity for a comeback. It's times like these when smart investing, patience and financial planning come into play. 💡
You have seen the impact of the corrections on our portfolio, what impact did these corrections have on your portfolio?
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