tag:blogger.com,1999:blog-8091367287813993533.post2618884911026478070..comments2023-10-22T11:30:33.581-04:00Comments on Do-It-Yourself (DIY) Investor: Gen-Yers Uncomfortable With MarketRobert Wasilewskihttp://www.blogger.com/profile/04536814650758511673noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-8091367287813993533.post-88560176791482733092011-09-28T06:58:05.840-04:002011-09-28T06:58:05.840-04:00re: Shawn Great points. I would add that one thing...re: Shawn Great points. I would add that one thing that might be helping is the incessant negative publicity on Social Security. If we were in 1999 again, with stocks gaping up, young people would be piling in. Its the ol' buy high sell low action.DIY Investorhttp://rwinvesting.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-23921657021080404352011-09-28T01:28:19.225-04:002011-09-28T01:28:19.225-04:00This is great advice. I do see a positive in the c...This is great advice. I do see a positive in the caution: we're not as apt to make risky investments. In the end, that's the key word/phrase: "risk" or "risk tolerance." It's not as effectively taught as it is discovered through experience. I can hear that it is important to invest, but let me see my purchasing power erode due to taxes and inflation. Similarly, letShawn Watsonhttps://www.blogger.com/profile/05668363529447868141noreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-86086590350621168562011-09-27T15:56:21.652-04:002011-09-27T15:56:21.652-04:00re: Lori Even Lowly Worm knows that indexing is th...re: Lori Even Lowly Worm knows that indexing is the way to go!DIY Investorhttp://rwinvesting.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-4678538199462015402011-09-27T14:17:33.890-04:002011-09-27T14:17:33.890-04:00Lowly Worm!!!!!Lowly Worm!!!!!Lori https://www.blogger.com/profile/13413218163318318897noreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-32009545381654857202011-09-27T11:14:13.380-04:002011-09-27T11:14:13.380-04:00re: Andrew (aka as "The Millionaire Teacher&q...re: Andrew (aka as "The Millionaire Teacher") I often wonder why it is so often referred to as the "lost decade" as if bonds didn't exist and have really great returns.<br />Hopefully your book and message gets to enough Gen' Yers to meaningfully change their views.<br />re: MC Experience is the best teacher. Reading the history is one thing, living through it another.DIY Investorhttp://rwinvesting.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-71644780206483861952011-09-27T10:17:17.460-04:002011-09-27T10:17:17.460-04:00I remember during the dotcom boom, there were fund...I remember during the dotcom boom, there were funds exclusively trading high-flying tech and dotcom companies with spectacular returns... for a while!<br /><br />I was lucky enough to see the boom and the bust - gives some perspective on how crazy the markets can get!MoneyConehttp://www.moneycone.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-10855822624968046282011-09-27T10:11:41.351-04:002011-09-27T10:11:41.351-04:00Recently, I've been showing a 10 year Mornings...Recently, I've been showing a 10 year Morningstar chart of Vanguard's balanced fund. Ten years ago, the markets weren't at their 2000 peak, but not far off. As of today, that fund has gained +70% in a decade. It's not the kind of returns people had from 82-2000, but when a solid, diversified portfolio (or balanced index fund, in this case) reinvests dividends over time, it can Andrew Hallamhttp://www.andrewhallam.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-35389747800210089212011-09-27T09:45:00.949-04:002011-09-27T09:45:00.949-04:00Yes, I remember the '87 crash as well. I shoul...Yes, I remember the '87 crash as well. I should have mentioned it. Good point.DIY Investorhttp://rwinvesting.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-92165083933116151212011-09-27T09:11:42.691-04:002011-09-27T09:11:42.691-04:00I remember many of my coworkers panicking in the c...I remember many of my coworkers panicking in the crash of 1987 and pulling all of their money out of the market for many years. They lost of lot of appreciation that they will never recover from. Anyone with a 20, 30 or 40 year investment horizon should pray for the markets to go down today so they can reap the benefits of the inevitable recovery.The Grouchhttps://www.blogger.com/profile/16355057736314451831noreply@blogger.com