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Don't Fall Victim to These 5 Wall Street LiesMarch 24, 2009 By Keith Fitz-Gerald, Contributing Editor, |
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What to Do Now
People talk about our current situation as though it is an enigma, but that's simply because only a precious few people actually remember similar events in the past. For example, the Panic of 1873 (often referred to as the "real" Great Depression), the Great Financial Crisis of 1914 and the Banking Crisis of 1931.
So, what can you do?
Keep your powder dry. Misguided though our economic policies may be, savvy investors should plan for an eventual rebound – even if we're destined to test new lows in the months ahead.
Don't fall victim to Wall Street's lies, and you'll be able to come out ahead when it finally does.
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