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In March of 2009, the markets bottomed out in the aftermath of the housing crisis and bank collapses. Gigantic financial institutions teetered on bankruptcy and scrambled for government support. Millions of ordinary folks lost their homes or their jobs, and all saw their retirement savings decline in value. In the moment, it was hard to imagine how our economy would get back to normal.
And yet, 10 years later, despite some ongoing volatility, the economy is once again trending positive. On today’s show, we talk about what the bottom of the financial crisis looked like, how the markets turned around, and the lessons that are most important to you, an investor preparing for or in retirement.
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6767 ratings
In March of 2009, the markets bottomed out in the aftermath of the housing crisis and bank collapses. Gigantic financial institutions teetered on bankruptcy and scrambled for government support. Millions of ordinary folks lost their homes or their jobs, and all saw their retirement savings decline in value. In the moment, it was hard to imagine how our economy would get back to normal.
And yet, 10 years later, despite some ongoing volatility, the economy is once again trending positive. On today’s show, we talk about what the bottom of the financial crisis looked like, how the markets turned around, and the lessons that are most important to you, an investor preparing for or in retirement.
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