Asset Management

How the financial crisis is still affecting investors

The scars have lasted even though the stock market has since soared to new highs

How the financial crisis is still affecting investors
Photo: Max-o-Matic

For investors, it felt like the end of the world.

The implosion of Lehman Brothers 10 years ago next weekend poured gasoline on a smoldering fire. Over the next six months, the S&P 500 fell 46%. Retirees lost decades worth of accumulated wealth. Young investors learned how quickly the floor could fall out from beneath them.

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