BUBBLE

Earliest recorded bubble

ECONOMIC BUBBLE

WHAT CAUSES BUBBLES TO BURST?

MAIN STAGES OF A BUBBLE

DOW JONES INDUSTRIAL AVERAGE

HOW TO INVEST DURING A BUBBLE?

1. Go to cash and wait for stocks to drop before buying

2. Buy put options to protect your stock positions

3. Buy an annuity which limits your downside risk

SUMMARYThe longer we continue down

this path, the larger the bubble will grow and the worse the

correction will be when it does arrive.