Crash Course: The Psychology of Investing in the Wake of Historic Market Crashes

Have you ever wondered why you handle money the way you do? It turns out your financial behaviors can be traced back to your formative memories. In this episode, we explore how historic market crashes have left a lasting impact on our relationship with money. We’ll also contrast them with the way more recent crises have shaped our financial views and decisions in the short term.

 

Here's some of what we discuss in this episode:

• Remembering soaring interest rates in the late 70s, early 80s, and right now. (6:55)
• Remembering Black Monday in 1987. (9:20)
• Remembering the Great Recession of 2008. (13:23)

 

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