by Andrey Dashkov
Editor’s note: As taught by our founder Doug Casey, we value calm, clear, rational thinking at Casey Research… we prefer to prepare before a crisis so we can sleep at night… and we avoid getting caught up in hysteria and panic.
With the market dropping like a stone… the Volatility Index wildly high at 58… trading being halted… so-called experts calling for more rate cuts, more stimulus packages, etc… No one seems to realize that nothing goes up in a straight line. And more than that, it’s unhealthy to expect it.
Now more than ever, it’s crucial for investors to remember one of Doug’s best lessons: Protecting your money is half the battle in wealth-building.