Some great lessons in this article:
What We’ve Learned from 150 Years of Stock Market Crashes [Morningstar] – “So, what does this history tell us about navigating volatile markets? Mainly, that they’re worth navigating.
The markets recovered after their stressful period in 2022—just as they did after a 79% decline in the early 1930s. And that’s the point: Market crashes always feel scary when they happen, but there’s no way to know in the moment whether you’re encountering a minor correction or looking down the barrel of the next Great Depression.
Still, even if you are looking down the barrel of the next Great Depression, history shows us that the market eventually recovers.”