“You can always re-group and start all over, the opportunity will always be there,”
Maybe for the young and well-capitalized. But the S&P500 will have to go up 74% just to get back to where it was when this mess started. That will likely take decades. So for the retired, or people in their 50’s or 60’s who were just laid off, it’s unlikely they will be able to fully recover.
“You can always re-group and start all over, the opportunity will always be there,”
Maybe for the young and well-capitalized. But the S&P500 will have to go up 74% just to get back to where it was when this mess started. That will likely take decades. So for the retired, or people in their 50’s or 60’s who were just laid off, it’s unlikely they will be able to fully recover.