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Thirty-seven years ago, the stock market lost more than 20% of its value in just one day. Here is what you must learn from that long-ago event if you want to prosper today. GaudiLab / Shutterstock.com
“Bedlam.” “Panic.” “Wiped out.” Those were the words screaming from headlines after Oct. 19, 1987, a bleak autumn day that saw the stock market record its largest one-day percentage drop ever. The Dow Jones tumbled more than 22%, exceeding any other daily decline recorded. It was a day that changed my life forever, both professionally and as an investor. At the time, I was a stockbroker…
