Sim Kaur

This might be a bit of a longer war than we expected, and the markets then priced this in by causing a large reduction.

From February 25th, 2026 to time of recording at the end of March, this saw an 8% drop in the S&P 500.

And from March 25th, 2026 to March 30th, just a matter of days, the market dropped 4%.

which is a large drop, not necessarily the worst drop.

But of course, people were very, very scared because now it seems that investors are thinking, hey, this might be an issue for longer.

And now I'm not so sure where my money should go.

This then leads us on to chapter two of this episode, which is, do you really need to be worried?

What has happened in the past?

I always find that humans behave in very similar ways, not always the same and not always predictably, but there is a reason why people say history tends to repeat itself.

Even if past performance isn't a guarantee of future success,

It's worth taking a look down the line to see what happened when we had wars.

What did it mean?

And is there something to stress about?

Now, I looked at 13 large geopolitical events that have happened in previous history.

So I'm just going to show you some examples.

This included the Pearl Harbor attack, the Cuban Missile Crisis in 1962,

the Iraq evasion in 1990.

And when we looked at all of those, the worst performing one was Pearl Harbor, where the attack saw a drawdown of almost 20%.

If you had invested $1,000 in the share market, you would have lost 20% of that over from the very peak of the market to the end of the crisis.

You don't want that.