Long story short. That was one of the craziest days in the market that I have ever seen. The market started off down almost 500 points, and then due to the emergency rate cut it only ended up being down 130.
Our local CBS affiliate called me to help them with a story they were doing on people flipping out. You can view it below.
The Lesson for Yesterday: Nothing is worth freaking out over. Everything ended up okay.
Peter Dunn a.k.a. Pete the Planner® is an award-winning financial mind and a former comedian. He’s a USA TODAY columnist, author of ten books, and is the host of the popular radio show and podcast, The Pete the Planner Show. Pete is considered one of the foremost experts on financial wellness in the world, but he’s just as likely to talk your ear off about bass fishing.