As I have grown older, I tend to expect the best but prepare for the worst. This practice has never been something that has been at the forefront of my mind, it just happens. Regardless of whatever triggers this habit, I am glad it comes naturally. I remember sitting at my desk on the trading floor in Little Rock during the 2008 Credit Crisis. The market closed down -777 points, which back in 2007, was a huge drop for one day. For the next several months the market continued its bearish decline, bottoming in 2009. From 2009 market prices began to recover. No one knew at the time that it was the beginning of one of the strongest bull market runs in history. For context, the Dow Jones closed the low in March 2009 at a valuation of 7,609. During the next 12 years, the major stock market index rose to 35,113. This represents a 461% gain, or roughly 36% annualized return over during the period of time from 2009 to the end of 2021. Anyone who had money invested in the stock market during this time, through IRAs, 401ks, or private accounts made good money. There was no need to practice prudence or caution, or so everyone thought. In practical understanding, every investment should be considered from the viewpoint of risk management.