The Stacking Benjamins Show Learning from 130 Years of Stock Market Crashes: Resilience, Strategy, and a Dose of Doug (SB1695)
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Jun 13, 2025 Miranda Marquit, a financial journalist, and Jesse Cramer, host of a personal finance podcast, dive into 130 years of stock market crashes. They explore the value of diversification, staying invested during turmoil, and lessons from historical events like the Great Depression. The duo emphasizes resilience in financial strategies, reinforcing that panic rarely pays off. Plus, expect some laughs with quirky trivia about mailing children! This lively discussion is packed with practical insights and offer a humorous take on serious financial topics.
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Long-Term Market Growth Insight
- Stock market generally trends upward over 20 years despite crashes and corrections.
- Holding investments long-term and staying the course results in gains beyond short-term losses.
Risk of Individual Stocks
- Investing in individual companies carries risks including legislative actions and fraud.
- Diversification helps mitigate risks that individual stock investors might not foresee.
Maintain Emergency Cash
- Maintain sufficient emergency cash reserves to avoid forced selling during market downturns.
- Liquidity is not guaranteed; having cash prevents selling investments at a loss in emergencies.