It’s been a volatile month. And if you’re feeling the pressure, you’re not alone. But how we respond in moments like this often has roots in the crashes we’ve lived through before. In this episode, we look at how past market meltdowns shaped investor psychology, how today’s chaos might be leaving its own mark, and what lessons we can take with us to navigate what’s next.
From the Great Depression to our current tariff-driven volatility, each chapter in market history offers valuable lessons in fear, overconfidence, resilience, and perspective. Steve explains how past crashes left emotional imprints that still shape how people save, invest, and react to headlines—and why staying focused, diversified, and grounded in your plan is more important than ever.
Here’s some of what we discuss in this episode:
📉 What past crashes taught us about fear and overconfidence
🧠 Why investor behavior often matters more than the market itself
📊 Lessons from the Great Depression, 1987, dot-com bubble, and more
💥 The long shadow of 2008 and how it still shapes mindset
📺 How today’s “headline risk” is fueling modern market anxiety
0:00 – Intro
1:18 –The Great Depression (1929-1939)
3:28 – WW2 Era, 1945
5:22 – Soaring Interest Rates, Late 70s, Early 80s
8:42 – Black Monday, 1987
11:03 – The Dot-Com Crash, 2000
13:51 – The Great Recession, 2008
16:08 – COVID Pandemic Market Crash, 2020
18:08 – 2025 Volatility
20:37 – Final Lessons & Tips
Resources
Get your copy of Power Up Your 401K: https://keap.page/ngt919/toolkit.html
Follow along on YouTube: https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9Sg
Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12
Other ways to get in touch:
Phone: (775) 266-8867
Our website: https://powerhousefinancialadvisors.com/
LinkedIn: https://www.linkedin.com/company/powerhouse-financial-advisors/
Facebook: https://www.facebook.com/PowerhouseFinancialAdvisors