Something to consider for people thinking of jumping into the market via an index fund; in 2008, corporations were in OK shape to weather a downturn. In 2020,

Something to consider for people thinking of jumping into the market via an index fund; in 2008, corporations were in OK shape to weather a downturn. In 2020, a lot of corps are very highly levreged. I think it's likely we'll see a lot of shareholder wipeouts. This will have an interesting effect if you buy an ETF. If 50% of your stocks get wiped out... that big bounce you might expect won't be in your portfolio. Yes, the index will recover it's value... but the composition of pre-post shareholders will be different. I don't think the country is in the mood for shareholders to get bailed out unless individuals get bailed out first... and I don't see that happening.