10 lessons from the great stock crash and recovery
U.S. stocks lost more than 55% of their value when they bottomed out on March 9, 2009. On Monday, they set yet another all-time high. A balanced portfolio weathered the storm quite nicely.
So why is it that most investors are still way behind? The answer is simple: Expenses and emotions.
Unfortunately, most investors aren't all that great at learning from their mistakes, so they tend to repeat them.
Here are 10 lessons we can take from the great plunge and recovery to use the next time markets try to pick our pockets.
- no previous page
Popular on MoneyWatch
- Amy's Baking Company: Post-meltdown PR campaign
- How to stop the mediocrity pandemic
- Reverse cell phone lookup service is free and simple
- Reports: Yahoo to acquire Tumblr for $1.1B
- 4 Things Not to Buy at Costco
- Top 10 professional life coaching myths
- 5 Things You Should Buy at Costco
- 12 great college graduation gift ideas