Hugh Jass wrote:
So it's only unfortunate for people buying today. That's a rather small sample size.
If the market tanks now everyone invested takes the ride down.
Especially those with a lot invested -- more likely to be those who have been in for a long time.
So are you saying that people who have been invested for the past 5 years are going to be feel the impact of a 10% drop more so than the ones who have been sitting on the sidelines in fear of what the OP predicted.
I don't know about "feel" but those with the most invested will lose the most money and that is likely to be those who have been invested for a longer period of time.
Do you really need that to be explained to you?