I don’t remember the stock market after the dot com bubble bursting in 2001 and 9/11 because I was still in college. I didn’t have much in investments, just a little bit in a Roth IRA that I foolishly put into JDS Uniphase for a minute, so I didn’t pay much attention to it. It had a bigger impact on my life in that many companies stopped hiring and I was about to graduate!
I distinctly remember the stock market during the 2008 financial crisis because by then I had a few years of work and I’d been contributing to a 401(k).
This most recent stock market crash, as a result of the coronavirus, felt a lot different than 2008. I think having it be a health crisis made it far more stressful than just a financial crisis.
While we are still living through it, I found a few good articles on what people were thinking the last few weeks as it relates to the markets, I think these articles can help when you don’t know what to do.
Peter Lynch Market Commentary:
The worst crash in history: the view from the front seat [FIRE v London] – “I’ve been actively following this crash every day the markets traded. And I’ve been trading too. Ouch. This post is deliberately something of an ermine-esque ‘reflections from the front’, recording some of my thinking/recollections, as they occur to me and while they are fresh.”
Stay safe out there Apexian!