I rode that one down to the bottom, won't do that again. Took eight years to recover those losses.
Yes, but what was the cause of the last one?
The crash of the financial sector, Investment firm bankruptcies......bad times.
In my opinion the 2008 crash was caused by a lot of things, but the main thing in the end was the change from a pro business administration to an administration that promised to go after business, and was negative towards them. That is when it really went down the drain. I can tell you the exact day I sold, why, and what was said, but politics are not allowed here. It may be happening again this year, I am for the most part in cash right now, and may stay that way until I am sure who is going to win.
