All a bit tongue in cheek
Nelly
Nelly
I'm 23. You all will hate me for this but...I see this a opportunity for me. I'll be buying stocks in a few months when they get lower still. That gives me 40 years to sit on them and keep reinvesting returns.
Home prices and thus hopefully rent will get cheaper in the next year or so and maybe provide an opportunity for my brothers and I do purchase a small investment.
I still have my job (Thanks [insert higher power name here]) and can keep my current living situation (not to say I'm living the dream being right out of college).
So basically, I see the drop as a huge investment opportunity (in whatever medium I pick) in the coming year since I have so much time until retirement. I'll also up my %-age contributed to my 401(k) to get more for my money since it's also company matched which provides a 50% return right there...
I know I know...I'm probably the only a-hole with a upbeat attitude regarding the whole thing...*flamesuit on...
No flames here thats what the market is about. Its a gamble and you just hope that you retire when the economy is good. Just make sure as you get older you transfer the money over to safer investments
I'm 23. You all will hate me for this but...I see this a opportunity for me. I'll be buying stocks in a few months when they get lower still. That gives me 40 years to sit on them and keep reinvesting returns.
Home prices and thus hopefully rent will get cheaper in the next year or so and maybe provide an opportunity for my brothers and I do purchase a small investment.
I still have my job (Thanks [insert higher power name here]) and can keep my current living situation (not to say I'm living the dream being right out of college).
So basically, I see the drop as a huge investment opportunity (in whatever medium I pick) in the coming year since I have so much time until retirement. I'll also up my %-age contributed to my 401(k) to get more for my money since it's also company matched which provides a 50% return right there...
I know I know...I'm probably the only a-hole with a upbeat attitude regarding the whole thing...*flamesuit on...