As a chronic prognosticator of doom, I’m often asked, “Do you heed your own warnings?” I sure didn’t last time the stock market crashed. Despite forecasting the dot-com collapse in November 1999 (in an article titled, “Living in the Shadow of Vesuvius, The Dotcom Economy Parties On”) I froze like a deer in the headlights as I watched $2 million in newly earned wealth evaporate before my eyes, all the while chanting, “It’ll come back, it’ll come back!”
Never again. This time I am making contingency plans. Perhaps these will motivate you to make your own, if the recent unpleasantness in Cyprus isn’t reason enough.
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