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What the Crash of 1987 Can And Can’t Teach You

Recently we just celebrated the 30th anniversary of the 1987 stock market crash, when the S&P 500 plunged 22% in a single day. No matter what financial history says, there is simply no way to avoid the kind of intense emotional turmoil that goes along with such volatility, which is why personalized risk management is such a vital component of long-term investing.

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