Black Monday: What I Learned from the 1987 Stock Market Crash
Five key lessons from a breathtaking one-day plunge in the Dow Jones industrial average.
A week before the 1987 stock market crash I had all of my investment money in Twentieth Century Ultra, an aggressive stock fund that has since been renamed American Century Ultra (symbol TWCUX). That included money to pay for my stepson’s college starting in less than a year. But I escaped from the ensuing market meltdown unscathed. And I learned some important lessons from the crash and its aftermath.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Stock Market Today: Stocks Waver on Resilient Employment Data
A private reading on payrolls had markets rethinking rate-cut bets just days ahead of the monthly jobs report.
By Dan Burrows Published
-
Lamb Weston Stock Gains After Earnings Beat, Layoff News
Lamb Weston stock is higher after the french fry maker reported earnings and unveiled a restructuring plan that includes job cuts. Here's what you need to know.
By Joey Solitro Published
-
6 Best Books on Investing
investing These six books will help you be a better investor.
By Coryanne Hicks Last updated
-
Bond Basics: Zero-Coupon Bonds
investing These investments are attractive only to a select few. Find out if they're right for you.
By Donna LeValley Published
-
Bond Basics: How to Reduce the Risks
investing Bonds have risks you won't find in other types of investments. Find out how to spot risky bonds and how to avoid them.
By the editors of Kiplinger's Personal Finance Published
-
What's the Difference Between a Bond's Price and Value?
bonds Bonds are complex. Learning about how to trade them is as important as why to trade them.
By Donna LeValley Last updated
-
Bond Basics: U.S. Agency Bonds
investing These investments are close enough to government bonds in terms of safety, but make sure you're aware of the risks.
By Donna LeValley Published
-
Bond Ratings and What They Mean
investing Bond ratings assess the creditworthiness of your bond issuer, can help limit your risk of default and maximize yield.
By Donna LeValley Last updated
-
Bond Basics: U.S. Savings Bonds
investing U.S. savings bonds are a tax-advantaged way to save for higher education.
By Donna LeValley Published
-
Bond Basics: Treasuries
investing Understand the different types of U.S. treasuries and how they work.
By Donna LeValley Published