Monday Up and Monday Down

Yesterday (19th) the DJIA rose above 10,000!

22yrs ago today, Black Monday, the Dow lost 508 points or 23%, the largest percentage loss in the Dow’s history. I remember that day 10/18 1987. The fear and anxiety were all over the news. The Dow was trading above and below 2000 that year. Comparisons to the great depression were everywhere.

The lesson today is not to panic. The stock market ALWAYS recovers over time. Knowing that simple truth and how the markets work in general will give you informed confidence around your invested savings.

You may need to make some changes to your investments. Be careful to make informed decisions based on simple and effective strategies that you can understand.

Sign up for our free educational seminar!

The next two seminar dates are October 21 and November 19 from 4pm to 6pm.

Register by calling 616-458-6480

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About steve

For over 17 years, Steve has been coaching clients in some of their largest personal financial decisions. Sound advice for financing new home purchases has earned Steve the trust of his clients. Steve also provides sound investment coaching for clients that share his conservative philosophy for investing savings. Steve is an owner in two financial companies and he practices what he teaches. Steve is a coach to his clients. He believes that his clients' best decisions are the ones that they own and understand for themselves. Steve has implemented a process for equipping clients to make excellent decisions consistent with their own personal philosophy for investing. Success through decisions based on convictions creates peace of mind. You can and should have peace of mind around all your financial decisions.
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