Posted on October 7, 2008 - by Jeffrey Posner

The Sky is falling!

Wow, so we have been on quite a run with this recent stock market romping and everyone seems to be losing their mind. While our parents retirements seem to be in turmoil and the economic infrastructure as we know it changing by day, there is hope on the horizon for people in the 20-35 age range.

We are headed for a new time

This isn’t like a depression or any recession that we have ever seen. It’s different. Why? We’ll as explained to me by my colleague Stoppay.

The use of electronic trading has created a new precedent in the stock market and it’s impossible to know what’s going to happen because we have never been able to transact business so quickly in the markets, how can we know what’s going to happen when we have never been here before?

OK, so the market is crashing and we are headed into a rough time, but with these rough times come a new opportunity to make money when the economy starts to turn around. As a young professional with a likely small 401K if any, I say enjoy the ride and look for opportunity.
It is in these great economic falls that you can poise yourself to catch some of the natural upswing of the market.