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Message:: [QUOTE="Brett_in_Sacto, post: 2220287, member: 71510"]Most of these people are playing "follow the leader" with no idea of how to invest.  They figure if everyone else is doing it, they should to.  And they forgot to question whether they are being asked to jump off a bridge - and whether that's a good idea.  But instead they blindly follow the herd. People need to educate themselves on investing, otherwise this continues.  The best thing the masses can do is put it away in long term stable investments - because they don't know how to manage risk. The second best, and only just above par are the "target date" funds where you put the date you expect to retire and then let it ride in hopes that the manager is actively moving wins into more stable funds as the date gets closer. I think today I'll be moving the last 401k chunk out of stable value and back into stocks.  I moved 60% into stable value in June and have slowly buying back into stocks with each successive drop.  I've avoided a significant amount of losses, and although there may be more - I think we're going to be ok. Today's crash was so large in part due to "safety triggers" in computerized trading algorithms.  They made the sell off even worse.  Buy the fear, sell the safety.  Contrarian rules![/QUOTE]