Throughout history, the market has gone through many extreme ups and downs. When we look back, we’re reminded that, yes, a market crash is a very difficult thing to go through, but it’s something we can and will overcome.

• The Great Depression (1929): Over the course of a few days, the DJIA dropped 24.8%.¹  It took a little over a decade for the economy to get back to predepression levels. Industry from World War II helped get things back up and running.
• The Stock Market Crash of 1987: The market lost 22.6% of its value in one day known as Black Monday.² But within two years, it had recovered everything it had lost.³
• September 11, 2001: Terrorist attacks in our country caused a major nose dive in the market, but it corrected itself quickly. Just two months later, the stock market had returned to September 10 levels.⁴
• The Great Recession of 2008: The DJIA lost about 50% of its value in a very short time.⁵ However, after a couple of years, the market was stronger than ever before—we were essentially in a bull market (a period of significant economic growth) from 2009 to just before the coronavirus crash.
• The Coronavirus Crash: In March of 2020, the COVID-19 pandemic triggered the most rapid global crash in financial history. However, the stock market regained ground relatively quickly and the year closed with record highs in all major indexes.

So, keep your head up. Chances are, you’ve already lived through two major crashes and recessions. It’s part of the rhythm of life!  

With that being said, with proper planning you can help offset some of the struggles of a recession hitting at the wrong time such as retirement or when you’re about to help a child through college. 

We are here to help get you a financial plan to navigate all the ups and downs that you and your family may face.