A Reality Check 11 Years after the Last Crash

Eleven years ago, many investors watching the Dow gyrating thought things could only get worse and that we'd never see 14,000 again. Clearly, they were wrong. So, what does that mean for worried investors today?

This week marks 11 years since the bottom of the market on March 9, 2009. The timing of last week's extreme market volatility was perfect for us to reflect on where we were, where we are, and where we will likely be heading.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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T. Eric Reich, CIMA®, CFP®, CLU®, ChFC®
President and Founder, Reich Asset Management, LLC

T. Eric Reich, President of Reich Asset Management, LLC, is a Certified Financial Planner™ professional, holds his Certified Investment Management Analyst certification, and holds Chartered Life Underwriter® and Chartered Financial Consultant® designations.