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In 2007/09 financial crisis S&P 500 went down 57% and it took 5 and a half years to recover back.

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My question is, how is your portfolio prepared if similar event was to happen in near future. What percentage of cash, bonds, CDs etc do you have and how would similar situation affect you now. Also, next time this happens, it might take longer to recover than 5 and a half years, of course.

submitted by /u/immigrantgirl
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