Good Advice

When I started reading this week’s edition of the Intelligent Investor, I thought Mr. Zweig was predicting that the market is about to crash. He is right, the probability that the Dow will go from 16,000 to 25,000 without a pullback is zero to none. But, that is not the point of the article. The point is, when it does will you be willing and able to bear the paper losses. What you did during the 2008 and 2009 subprime crisis is a good indication of what you will do when it happens again. If y...