Dealing with market chaos

Three authors give different takes on managing finance, like - should you spend, what to invest in and how to save

An employee with a mask serving drinks to customers in a restaurant in Tucson, Arizona. Is eating out “throwing money away”? Author Ramit Sethi says: “It’s the same if I pay rent and I enjoy where I live. I’m paying for value.”
An employee with a mask serving drinks to customers in a restaurant in Tucson, Arizona. Is eating out “throwing money away”? Author Ramit Sethi says: “It’s the same if I pay rent and I enjoy where I live. I’m paying for value.” PHOTO: BLOOMBERG
Paul B. Brown
Updated
May 18, 2020, 08:49 PM
Published
May 17, 2020, 05:00 AM
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I believe the technical term for what we have been experiencing in the financial markets is: Aargh! ("Blood-suckingly bad" also works.)

Most millennials, people born between 1981 and 1996, have not experienced these kinds of losses as investors. How should they be thinking about their financial future?

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A version of this article appeared in the print edition of The Sunday Times on May 17, 2020, with the headline Dealing with market chaos. Subscribe

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