History of Stock Market Crashes | Phil Town

Hey folks, thanks for joining me for my first premiere video! Sorry the chat closes so quickly after the video is over – drop your questions below! Did you like watching together and chatting? Want me to do it again? Leave a comment and let me know ⬇

So… From 1929 to 2019 (90 years), the market has crashed 4 times. And one of them was a 1 day event. Why are people worrying about a crash? They seem to be extremely rare.

Make Shure You have enough Cash Save so when the Market Crash comes You can Buy Stock, and More Mutual Fund,

You're comparing apples to oranges with the crashes in 1929 (several days), and 1987 (you claim 1-day). The US stock market drop actually began on Oct 14th and ended on Oct 19th in 1987. It was worse than 1929. The 1929 crash was followed by a major RALLY for several months before the market turned down again and finally bottomed in 1932.

I am going to continue investing even during tough times

Wish i would have watched this video the day after Christmas 2018 ?

Now I want a Dos Equis ??‍♂️

The 2020 crash will be EPIC.

The 1999 crash should be study materials for all that bitcoin gurus. Maybe they'll discove they aren't that professional at all

Is this video aimed at children?? Go play?? REALLY!???!

Its good to have someone who can understand how to do it for you. Why wouldn't I just pay someone to do it. Isn't that what we do with every other industry? There has to be half a dozen honest people on the planet that will do it. Its sound like any other stradegy but you have to have that gifting to still do it. Can someone give me some advice?

I still say 1987 market crash wasn't a natural force. It was a conspiracy to collapse the Soviet Union, at the cost stagnating Japan's Economy. And why the World Trade Center was hit due to the collapse of the Soviet Union. And the US thought it was Japan or the Soviets when the World Trade Center was hit but won't say it. Japan, Kamikaze that they knew that their economy is wrecked, Soviet that their empire collapse. And still say the Soviet during the collapse wants China to focus on the economy make the world interest focus on them when it comes to economy, while Russia pivots the world in the other direction. So there won't be favoritism of their main goal, between Russia and China and have less manipulation in the middle by some other country, in economy. And I still say why China is only doing this is finding the reason what/who actual cause the Soviet collapse not by country, but by name and who, saying this can happen to any country, that you build yourself up they can take you down in swift. I'm always dismayed that economist always keep it in an economic only scope, but what if there more out there. Passion, Desire, and Dream, like collapsing the Soviet Empire.

Thanks for the insights. yes i sub and liked.

If stocks crash buy more!

One thing that I don't seem to grasp is that Phil says that you should buy great businesses ("focused investing") and not the market. However, wouldn't buying the market correspond to buying an index? I know that Phil promotes buying index funds if you are not capable of stock picking.

Best strategy Ever

https://amzn.to/2WPVpTJ

One suggestion Phil.. please please cut out the background music. It drives me insane.. I still love your videos

KJV Revelation 18 – Stock Market CRASHES IN ONE HOUR!

Tell that to Lehman Brothers RIP

Cardano (ADA) is at 4¢ right now.

Hmm ever since the 2008 crash a lot of analysts are saying that the severity may have been lessened in the markets i.e. the fall may not be too steep because the rise hasn't been too steep either. Market is cautious on both ends so it faces some corrections here and there but is up trending in a slow and steady manner. Your take on this one Phil?

Thanks for the video . What matrix do you use most for valuations? Price to earnings? Price to book? Etc….

Hello sir, when approximately do u see global crashes or recessions coming, is it in 2019-20 ? I see it has already started from Jan 2018, I'm a research analyst, wud be great if u cud reply, mail me on niravg9@gmail.com

Loved the video! Thank you so much for taking time to look back and reflect! Would love to see more history videos like this.

Happy new year!

Today I am REKT… but I will bounce back because of my better understanding

The real cause of the crash was the Federal Reserve Bank!

Excellent video Phil 😉
Well done!

Good pointers

Stock Market Crashes Benefit Businesses, Millionaires and Billionaires they Don't Have to Pay Back Investor's and Keep the Money it's not Like the Money is Incinerated the Stock Market Decline is Coordinated by the Ultra Wealthy .

I lived thru all but the 1929 crash. the ones I lived thru were nothing in comparison.

Also the Bitcoin crash of 2018

Scared of investing, never have. There are signs though of major crash in 2019, might just try then. Is present stock market drop precursor to major 2019 crash? Buy now or wait 2019?