[expat_panama]

watched it go all the way to the bottom and then panicked and pulled it out after his 401k was destroyed.

Supposedly the manager of the Harvard endowment did that and the college lost billions.  For me one of the lessons here is never act on emotion, and the other is to always watch the long run.  That big dip in '09 was big but not as low and long as the malaise daze.  That was followed by a tripling of money buying stocks:

[abb]

For me one of the lessons here is never act on emotion, and the other is to always watch the long run.

Money and wealth for individuals is very much an emotional function. If it were just a bookkeeping exercise, wealth accumulation would be a snap.

[BipolarBob]

If someone will just give me a weeks notice before the next BIG selloff, would be much appreciated.

/jk . . . maybe