School of Hard Knocks Investing

In 2008, the market was going bananas. Before that time, people viewed homeownership as the unshakable bedrock of middle-class society. Dave Goetsch and Norm Mindel look back at the financial crisis and the dramatic effect it had on investors. At a time when waiters were touting their million-dollar real estate transactions after reading the day’s specials, hindsight is 20/20 the market was on course for an adjustment. Dave and Norm consider the crisis, the comeback and the power of investors to persevere. http://schoolofhardknocksinvesting.com

Under pressure. In the late 1990s, we were on the verge of an internet bubble that momentarily taught people the meaning of fly by night. Investors were taking big risks on individual stocks and untested (and sometimes unstaffed) internet companies. A sock puppet dog going door to door to deliver pet food? Dave Goetsch and Norm Mindel discuss the tech bubble, Y2K and the years leading up to the financial crisis. In the topsy-turvy ‘90s and ‘00s, bubbles were bound to pop.

Crash, boom, bang! The sounds of Wall Street in the 1980s. Dave Goetsch and Norm Mindel discuss the years leading into the 1990s, which provided more than one defining moment in financial history. Dave and Norm recall what it felt like to live through the market crash of October 1987 and the days when Japan emerged as an economic force to be reckoned with before the bubble burst. When the neon landscape eventually faded to flannel, the door was open for asset allocation and a disciplined approach to investing. With the help of a globally diversified portfolio, finishing is winning. http://schoolofhardknocksinvesting.com

Investing by the decade...first stop, the ‘70s. Dave Goetsch and Norm Mindel discuss investing in the late 1970s when Jimmy Carter was president, Johnny Carson was the host of “The Tonight Show” and the Bee Gees were all over the Hot 100 Billboard chart. The United States was dealing with the fallout from the oil crisis and a stock market that showed no signs of life after a significant market decline in 1973-1974. Talk about learning a lesson on free markets. http://schoolofhardknocksinvesting.com