Thats why- i track SPY;
it went doWn more than 20% in 2018.[S&P 500 equal weight went down more than that, past 10 years, but i dont cherry pick / track stuff like that, much LOL],
Sobering to see this bull market lasting longer than the bull market in the 1920s and rising nearly as much. A long term chart of US Treasury Bonds would be sobering as well.
It would be wise to visualize and prepare for, say, what a 6 sigma market event would have on one’s financial position, either directly or indirectly, such a job loss and civil unrest.
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That's why i dont like those mountain charts much ; markets never move like that.They could =i meant they never have in the past 200+ years LOL But in fairness, the data error of leaving out the 20%+ corrcection/bear trend in 2018=that's not a mountain chart error-its simply a SPY chart error .Thanks,