Welcome to the Stay Wealthy podcast with Taylor Schulte.

As you may be noticing, this is not Taylor Schulte.

This is Jeremy Schneider filling again for Taylor for the month of June.

Taylor will be back in July and I assume better than ever because he just can't help

continuing to get better.

So that's why I love him.

If you want to find the notes and links for today's episode, you can go to

You Stay Wealthy.com slash 112.

So I'd like to take us back in time, back to a historical ancient time, back to February

of 2020.

This was a time before the infamous coronavirus crash. You may have heard of the coronavirus

or COVID-19. It was a pandemic that is, you know, still raging through much of the world, but seems

to be getting better in the United States, at least at the moment. But in February of 2020,

the market had not yet reacted to it. But what followed was one of the steepest and fastest

stock market crashes in American history.

It was crazy.

I remember looking at my own personal brokerage account one day,

and I had suffered a $112,000 loss in a single day.

And I had four such days of six figure losses in March of 2020 alone. In fact, there's this thing called

the circuit breaker, which is basically a rule that the SEC enacted after the 1987 Black Monday

crash, where the stock market crashed about 22% in a single day. And so the SEC created this

circuit breaker rule that said, hey, if the market

...