This week marks thirty years since "Black Monday," when the Dow Jones had its biggest one-day percentage drop in its history. Nowadays, even as the Dow hits record highs, there are still investing lessons to learn from the crash of 1987.
If you're planning for your retirement, and believe the stock market will be the best place for you to get grow your money as much as possible, you'll have to learn to "ride out the bumps or the crashes," said Ron Lieber, the “Your Money” columnist for The New York Times.
This week on Money Talking, Charlie Herman talks with Lieber about the stock market crash of 1987 and those that have followed, and what investors can learn from them.
This is the fourth story as a part of WNYC's Crash Course, a series about the stock market crash of October 19, 1987, and what it can tell us about today's financial markets.
