Ever felt that stomach-dropping feeling when you check your portfolio and everything’s in red? Like, deep red? I’ve been through a couple of market crashes, and let me tell you – they’re scary! But they don’t have to be devastating if you know what causes them and how to prepare.
What Actually IS a Market Crash?
Think of it like this – if the stock market is a party, a crash is when everybody decides to leave at the same time through the same door! Not pretty, right?
A crash usually means:
Stock prices dropping super fast
Lots of panic selling
Big companies losing value quick
Everyone running for the exits
Why Do Markets C