The Wednesday Wellness threads are meant to encourage users to ask for and provide advice and motivation to improve their lives. It isn't intended as a 'containment thread' and any content which could go here could instead be posted in its own thread. You could post:
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Requests for advice and / or encouragement. On basically any topic and for any scale of problem.
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Updates to let us know how you are doing. This provides valuable feedback on past advice / encouragement and will hopefully make people feel a little more motivated to follow through. If you want to be reminded to post your update, see the post titled 'update reminders', below.
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Advice. This can be in response to a request for advice or just something that you think could be generally useful for many people here.
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Encouragement. Probably best directed at specific users, but if you feel like just encouraging people in general I don't think anyone is going to object. I don't think I really need to say this, but just to be clear; encouragement should have a generally positive tone and not shame people (if people feel that shame might be an effective tool for motivating people, please discuss this so we can form a group consensus on how to use it rather than just trying it).
Jump in the discussion.
No email address required.
Notes -
Well the individual in question was old enough to have had been invested in some stock during both. He was just in a conservative portfolio in his mid-50s (so he lost out on a ton of growth over 30 years). When I talked to my dad (same rough age) about investing he definitely knew the lesson of not pulling out in a downturn.
But overall I think you’re right about most people. I had also got my first adult job just before the 2008 crash and I was in a position where I had put a hell of a lot of my pay into my investment fund. (I was in the military so I didn’t have a lot of extra expenses for a few years.) It sucked watching the numbers go down but it wasn’t like pulling out a few grand ~40 years before I hit retirement was going to make sense. And I had read enough about buying and holding to not be tempted.
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