Lessons from Financial Crises
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The 1929 stock market crash wiped out 90% of investor wealth in just three years.
That single event created the SEC and FDIC, the very institutions protecting your
money today. Here's what Wall Street doesn't want you knowing about building real wealth.
First, the crash taught us diversification isn't optional. Spread investments
across stocks, bonds, and real estate. Second, the 2008 crisis
proved emergency funds save lives. Keep six months expenses liquid. Third,
compound interest, Einstein's eighth wonder, works best when you start young.
Invest $200 monthly at 25, you'll have over a million by 65. The Great Depression
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