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Navigating Market Volatility: Lessons from Past Crises
This chapter reflects on past market crashes and bear markets, discussing the emotional aspect of investing and the importance of understanding the ups and downs of the stock market. It emphasizes the need to remain calm and not panic during market volatility, while also highlighting the opportunity to buy stocks on sale. The chapter provides advice on handling market crashes as an investor and making adjustments to one's allocation based on personal risk tolerance.