Here's Why The Best Investors Ignore Market Crashes

October 09, 2014   |   October 2014 Bond Updates
In October 1987 the markets crashed. The New York Times headline called it “Bedlam on Wall St.” The Times of London called it “Wall Street’s blackest hours”. Trading volumes nearly doubled past records as investors stampeded for the exit. Stocks lost almost a quarter of their value after just 7 hours of trading, and the picture globally from London to Tokyo was similar. It sounds horrendous doesn’t it? Clearly, a reason to stash your cash under the mattress rather than risk it all on the capricious markets.

View more at: http://www.forbes.com/sites/simonmoore/2014/10/08/heres-why-the-best-investors-ignore-market-crashes/
 
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