how many crashes have been experienced in our markets, but we always rebound to higher highs.

It's the devastation that takes between the periods of crash to the period of recovery that fleeces people of their jobs, savings, homes, etc. How easy life would be if people who lost their jobs or had their investment income run dry, simply had to just wait it out for better times. Just pay the bills with the money from the money tree! If life were just that simple.