Historically a financial crash have destroyed national economy, companies and families. Most countries takes years or decades to recover and some do not. We have seen some of the largest companies in the world go into bankruptcy. Families have been affected and some even take their own lives. Yes, it is really a gloomy fact which non of us wants to go through. When should we prepare for a financial crash as an personal investor in stocks and shares? Answer: We must always be prepared for the worse!