Welcome to another episode of the "Money and Investing Show", where we examine major market crashes, crucial lessons learned, and the strategies for navigating and benefiting from these economic downturns. Join our hosts Andrew and Mitch as they draw invaluable lessons from drastic financial downturns such as the crash of '87 and the tech wreck of 2001. In this week's episode, we go back in time and revisit some of the most significant financial crises in history. From analyzing the unexpected crash of '97 and the global financial crisis of 2008, to discussing how the monumental tech wreck in 2001 gave birth to giants like Amazon and Google, we provide a comprehensive understanding of market trends and patterns. Through our discussion, we aim to equip investors with insights on planning, managing risks, and strategically seizing post-crash opportunities. Our hosts also delve into alternative investment strategies, the importance of exposure to various asset classes during market corrections, and share practical advice on mentally and strategically preparing for economic downturns. This in-depth discussion on proactive money management provides insights into how to respond smartly during a market crash and optimize opportunities during market recoveries. We emphasise the importance of discipline in trading, the significant role of a solid trading plan in challenging times, and the potential benefits of switching from equities to bonds during rocky equity market conditions. As we navigate the course of market corrections and recoveries, we aim to empower listeners with the lessons, tips, and practical advice needed to make successful financial decisions. Tune in to this episode to upgrade your understanding of market crashes and elevate your investing strategies.   Purchase Andrew Baxter's best-seller "The Wealth Playbook" here: https://www.wealthplaybook.com.au/    Subscribe to our Channel: https://www.youtube.com/channel/UCfmaldKMEUc5qXeIQ7zEBeA?sub_confirmation=1  FREE Online Training with Andrew Baxter: https://bit.ly/cod-online  Subscribe to Money and Investing Podcast: http://www.moneyandinvesting.com.au/