
Lesson 2: What a 50% Drawdown Feels Like. A $100,000 portfolio sliding through the 2008 crash, position by position. The chart drops. So does each line.
In a crash, does everything fall by the same amount?
Answer on instinct before we replay 2008.
Assessment
In a severe market crash, do a stock fund, a bond fund, and gold all tend to fall by about the same amount?
Crash week ☕ Does everything fall together?