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young people and recession

  1. 412 Posts.
    Most of the players here have never experianced a recession.It takes away ten years of your life financially.
    I am a lot older than most here and respect my finacial postition,I sold my business 2 years ago and decided not to put the cash into managed funds but bought industrial property and keep the rest in the bank.I stewed for two years waiting for this to happen.The differance is My age compared to you young people,you will learn more from this and you will hopefully come of better later in life.It's not the end of the world,just a learning curve.I know as i have been there.
 
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