Are You Ready For The Next Stock Market Storm?

It was a scene I’ll never forget.

Gary Sinese played a double-amputee in the 1994 movie, Forrest Gump.Lieutenant Dan, played by Sinese, hollered into the wind of a storm. He was bouncing around in the crow’s nest of a shrimp boat that he ran with Forrest Gump.

“Me, I was scared,” said Tom Hank’s famous character.

But Lieutenant Dan yelled, “It’s time for a showdown! You and me! Come and get me! You’ll never sink this boat!”

He was supposed to be yelling at God, who appeared to eventually lend a hand to the hapless duo. The storm destroyed the other shrimp boats in the harbor. With no competition left, Lieutenant Dan and Forrest Gump soon caught plenty of shrimp and earned a fortune.

In a similar way, the next stock market crash will destroy plenty of investment boats. The seas have been calm. In fact, only one other time in history mirrors the previous nine years.

Image by Pixabay

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andrew hallam

andrew hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (Wiley 2011) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use.

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