General Discussion
In reply to the discussion: To the older members of DU [View all]Curmudgeoness
(18,219 posts)Your post had me a little teary. It is so good to hear that all the younger generation doesn't hate us for living too long, or working too long. I would love to give my job to someone younger, if I was able to retire yet. But it is coming. A few more years, and I will open it up to a younger person. So will a lot of us, because we just can't keep working forever, even if we want to.
I will say, though, that a lot of my investments in the stock market have come back, so I really didn't lose anything that wasn't on paper. I did not panic and I did not get out of any investments, I held on to them and they have done fine lately---although I was very concerned and don't know if my heart can stand another round of recession. What I am telling you is that for some savings, it is not a bad thing to be in the market, as long as you don't panic. The last thing you want to do is buy high when the market looks great, and sell low when you are afraid you will lose it all.