Posts Tagged ‘market crash’

PSA on Market Crashes Like This Week

PSA on Market Crashes Like This Week

By The Banker | Blog Posts

First things first: Do. Nothing. Because, as you might have heard, the US stock market plummeted yesterday. The Dow Jones Industrial Average (DJIA) index, made up of the stocks of 30 major US companies, dropped by a record-setting 1,500 points before closing down 1,175 points on the day. Another popularly-followed index comprising 80 percent of […]

What To Do If The Market Crashes - Your Emergency Instructions

What To Do If The Market Crashes – Your Emergency Instructions

By The Banker | Blog Posts, How Not To Invest, Investing

I think the Dow being down 1,000 points at the market open this morning (however temporarily) puts everyone in the frame of mind. Is this THE BIG ONE? Should I break the glass and read the instructions in the envelope labelled ‘IN CASE OF EMERGENCY?’ Sure, go ahead, you have my permission. Break the glass. […]

Do You Need An Investment Advisor? And Why?

Do You Need An Investment Advisor? And Why?

By The Banker | Blog Posts, How Not To Invest, Investing, Personal Finance, Texas

A version of this post previously appeared in the San Antonio Express News. Some friends of mine recently opened up investment accounts with a guy who is a salesman at a national insurance company. My friends also hired a “fiduciary” to review their investment plans. Finally, they consulted me, for free, on what to do […]