To original article - no kidding! I cringe to hear 20 year olds opting out of the stock market right now. We have been buying stocks HALF the price we have been most of our adulthood. I can't imagine what this translates to in the long run. Though, on the flip side, we didn't have a lot invested to lose in the first place. win-win. (& moving forward, once stock bounce back to some level of normalcy, I have the feeling this will buy us the luxury to invest more conservatively in the long run - which we probably will after watching all that has gone on the last year).
On the houses? I have to agree with the comments. I have friends who have told me I was stupid to buy (in 1999 by the way) and they would NEVER buy (said as recently as 2008). Suddenly they are all out buying houses. ??? We paid $100k less in 1999. Hello??? Not sure how much of a sale this is. & it doesn't take rocket science to know recent years prices were completely unsustainable.
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