You’re young. You can weather the storm. Your parents should have been bond heavy if they were close to retirement.

My portfolio was down 33% in 2008. That loss was quickly reversed with the 8% on average returns over the last 10 years.

Take advice from someone who has been investing for the past 10 years and has made ridiculous money while these perma-bears are still poor.

You can’t time the market. Keep buying stocks like they will continue to go up, at the end of the day, if the market crashes and values tank, it’s no big deal. Keep holding your stocks, they will recover, in fact buy while everything is super cheap. If you would have bought back in 09-10 when everything was cheap you would have made mad money like me.

If you are hoarding cash right now, do so with the intent to buy in the next major crash, whenever that is.

Just keep investing, entering at age 30 you are late to the game and need to make up for lost time.

You don’t “lose” until you sell, even if your parents lost value in 09 they would have recovered it all and more after a few years.

It seems like this time around, everyone's on edge about a coming crash, and they've already cashed out a good amount, with intent to buy back in when everything's on sale. Wouldn't this have the effect of turning a would-be crash into a minor correction, because there'll be so many people ready to buy?

I'm one of these people that's sitting on more cash than stocks at this point, by about 4x, but I'm starting to question this choice.

> "they will recover"

If you invested in 1914 German stock market, it didn't recover until 2014.

Wasn't that more or less a societal collapse situation? I'm not sure that almost any investment vehicle is going to be reliable through two world wars.

Yes, I mean at some point you have to just accept you are in the same boat as everyone else with or without investments in that situation

There are a non trivial number of people predicting American societal collapse. They're probably wrong, but...