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Money and Finances
Reply to "2001, 2008, or 2022"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't think 2022 is anything like previous crashes. We are barely in correction territory. Compare to historical crashes, it hasn't been that bad (yet). [/quote] It feels so much worse.[/quote] Were you in diapers in 2008? The stock market swing were headline news everyday. Everybody I mean everybody became a stock index watcher. Banks were failing, FDIC was swooping in. We have a wobble and are still up for the last 3 years. [/quote] I hardly had any money in the market in 2008.[/quote] Investing in the market is not for everyone. Leave your money to recover and put your savings in a savings account. Then invest in real estate like every Joe Shmoe. You'll average 4-5% returns rather than 9-10% but with much less heart ache.[/quote]
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