ANALYSIS - FINANCIAL
By Matthew Treskovich, CPA/PFS, CFP®, CMA, MBA
A
fter enduring the largest decline the stock market has seen in a decade, many investors are wondering if 2008 is happening all over again. Turmoil in the stock market has brought back fearful emotions that many investors haven’t felt in years. Although in some ways it may feel like 2008, our present situation is actually very different. The seeds of the great financial 8
The Underwriter’s Insider
Investors who try to time the market usually end up selling low and buying high. Wise investors know the best way to build wealth is to own great companies, and to continue to own them when others are afraid.” Table of Contents
crisis began years before the crisis came. Headed into 2008, there were bubbles in housing and construction. Weak regulation of banking and lending left the financial system vulnerable. When the housing bubble burst, it caused unemployment in those parts of the economy and created big problems for the banking system. Many of those unemployed workers were forced to find employment in new occupations.
APRIL 2020
“InvestmentZen”Credit: www.investmentzen.com
IT’S NOT 2008 ALL OVER AGAIN
