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Showing posts with the label Millionaire Thinking.

What Rich People Do When the Market Crashes (And You Should Too)

When Panic Hits the Market, The Rich See Opportunity Let’s face it — when the market crashes , most people panic. They sell in fear, scroll through doomsday headlines, and wish they had exited sooner. But not the rich. They lean in when the rest of the World  leans out. So what exactly do rich people do when the stock market crashes? And more importantly , what can you learn from them to protect — and even grow — your wealth during a downturn? Let’s break it down in plain English, no finance degree required. 💼 1. They Don’t Panic — They Prepare Most people react. Rich people plan. Wealthy investors know that market crashes are not “if” events — they’re when events. So they build portfolios and strategies with downturns in mind. They: Keep emergency funds Hold a mix of assets (stocks, bonds, real estate, cash) Allocate based on risk tolerance, not emotion 📌 Tip for You: Create a “ Downturn Plan ” just like the rich. Set aside 3–6 months of expense...