3 ms·

How did you feel in the 2008 crash? No snark, just wondering how that was versus a savings account.

• maerF0x0 9y ago
  VTI is up ~200% since the bottom. If he bought (dollar cost averaging) and held. Probably feels great.
  • njarboe 9y ago
    He would feel great now. Just wondering his attitude when his "savings" dropped ~50% 2008-2009. Most people can't handle saving a million dollars over 25 years and have it drop in half over 6 months. The pain is too much. Avoiding this situation (and other reasons) is why pensions are better for most people.
• JoshTriplett 9y ago
  The best way I ever heard it described was "the market is on sale right now".
  • fibbery 9y ago
    So you invested in the run up to the crash as well? Or only started investing in 2009+ (also known as a sweet summer child :)
• imtringued 9y ago
  If you don't need to liquidate it doesn't matter.