Keeping Calm During Turbulent Markets
June 19, 2020
Is this a time of crisis? Many would probably say that it is, especially in terms of public health and the economy. These days it may seem as if things will never get back to “normal,” whatever normal might be, and that any improvement in our situation is happening much too slowly.
Time, of course, has historically been the great healer. This has been true of just about everything, including the stock market. We’ve been through times of crisis so often in the past that it’s easy to forget exactly how often we’ve had to overcome difficulty. With each event in history, though, the markets have reacted with volatility; and so far, they’ve always come back.
In this week’s edition of Lucia Capital Group Weekly, “Professor” Rick Plum, CFP discusses these game-changing events in history, and how the markets reacted both during and afterward. How do you keep calm when everything around you is chaos?