Exactly and that's why people are in a panic. Posters here were screaming about people losing their retirement savings and so on, in $15-20K range. I mentioned mine only dropped by about $1K. First it was I had a small retirement savings, then I was a liar.....I pointed out that for the most part, those huge losses were in the tech stock high risk area. Nobody wanted to hear it.If I wanted as much money as possible I could have gone with
aggressive growth stocks.
So in 500 words or less, they told me they haven't a clue on portfolio risk management.