Certified financial planner Kelly Campbell points out that the Great Depression was the worst market ever, and it eventually came back up.
People panicked on Black Monday 1987. They were upset about the dot.com bust in 2000. The crash in 2007-2008 sparked a lot of dire predictions. Each time, people proclaimed it would be different, said Campbell, chairman and CEO of Campbell Wealth Management in Alexandria, Virginia.
By “different” they meant an underlying cause of the market plunging meant recovery would not take place. Read More
