Plainmoney: Getting a Grip on Your Money, with special advice for new investors
Getting a Grip on Your Money, with special advice for new investors

Sound advice in a crash

November 10, 2008

Those who make big sudden changes in their portfolios almost always regret it. Example: If you sold right after the 1987 crash, you lost 24 percent. If you held on two years, until September 1989, you got it all back. So take a deep breath and think hard before doing anything.