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A comment on The Crash of ’87, from the Wall Street Players Who Lived It. Parent comment

Re:The Crash of ’87, from the Wall Street Players Who Lived It by swendoog on Tuesday October 17, 2017 @12:58PM (#15492548)
I don't see how they're great for the "middle class". A crash is generally bad for anyone who's invested. I could only see it being good for people who have cash on hand after the crash.
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Re:The Crash of ’87, from the Wall Street Players Who Lived It by PatientTrader on Tuesday October 17, 2017 @01:26PM (#15492799)
> A crash is generally bad for anyone who's invested

You are forgetting that cash in hand or in a bank is an asset/investment. Cash should be 20-30% of any investment portfolio.

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Re:The Crash of ’87, from the Wall Street Players Who Lived It by swendoog on Tuesday October 17, 2017 @03:18PM (#15493972)
Fair enough... I'm not much of an experienced investor. I had always heard you should invest, invest, invest, and forget about what the market is doing or will do.
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