Reader Liv Douglas reminds me that this is the 20th anniversary of the stock market crash of October 19, 1987. Thanks, Liv -- I’ll be writing my SmartMoney.com column about this. In the meantime, here are Liv’s thoughts:Today marks the 20th anniversary of the infamous stock market crash of 1987. Had you paid attention to Big Media at the time, you’d have sold your stocks, gone into cash and hunkered down for the [inevitable] recession or, perhaps, depression. Big Media was, once again, woefully wrong. If you bought the Dow at 1,738 at the end of October 19, [...]
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[Source: The Money Blogs]
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