Come the 19th of October it will have been 30 years since the 87’ stock market crash. It was the biggest market meltdown since the crash of 1929.
Over the last 30 years you’re probably often heard the repeated advice to never panic and always take a long-term view, be patient the Dow Jones Industrial Average recovered all loses within two years after the 87’ crash and the Warren Buffett’s golden piece of advice “Be fearful when others are greedy and greedy when others are fearful”.