Verified Submission
Financial PlanningMarket Downturn
#RI-6adb43de·about 2 months ago·
1
Author avatar
Lookback: 5.5 years after 2007/09 crisis

“Diversify portfolio with cash, bonds, and CDs”

Lost 57% of S&P 500 value

What I wish I knew
"How to prepare for similar crisis"
If I could tell you one thing
"Maintain cash and bonds for emergency funds"
0
5/10
Significant downsides.
Complicated feelings about the outcome.
SettledMixedSevere

Advice for Someone Facing This

Short, upvotable wisdom. The most helpful rises to the top.

No advice yet. Be the first to share wisdom.

Discussion

React, question, or discuss this decision.

Sign into join the discussion
Financial Planning Category
2
Financial Planning decisions logged. Avg regret 3/10 across the category.
Same Outcome Band
50%
of Financial Planning decisions land in the mixed band the same as this one.