There has been a lot of talk lately about the stock market and the correction/crash that it’s currently experiencing. I’ll be honest. I just don’t care.
Why don’t I care? I’m only 26. I’m not invested heavily enough that the dividends from the stocks that I own make up any serious part of my income. I contribute regularly to my 401(k). That means that I can take any losses in value that may occur. That also means that while everyone is worried about the drop in value for their stock, I’m rejoicing. I’m buying stock at a discount!
History shows that the stock market will rebound from anything that gets thrown at it and will eventually be all that much better for it. And in the immortal words of the Rolling Stones, “Tiiiiiiimmmmee… is on my side. Yesss it isss!” (just be glad you only had to read that and not listen to me sing it.) I’ve got just under 40 years left before I really need to worry about what the stock market is doing.