Great to have you here on the Clark Howard Show where it's all about your wallet.

I want you to know that we are on the job to serve you during this time of uncertainty,

the financial fallout with coronavirus, and coming up later, I want to talk about the

fact that you are not alone.

A lot of people feel at loose ends, and I want to tell you that a lot of us are going

to have to navigate our way through these difficult times together.

Speaking of helping you navigate it, Clark.com and ClarkDeals.com are a team on both websites

working really hard to help you stretch every dollar and deal with today's financial

uncertainties and difficulties.

Now I want to talk about something that is really important for your long-term future.

And I know for many people it's hard to think about long-term future today, but I want

you to think about this.

When we hit the roughest time with the great recession following the banking scandals

in 7, 8, 9, that really from 07, we didn't make a full recovery till 2015.

It took eight years for the economy to get back to where it had been.

But there's one thing that some people did that others didn't, that made a big difference

in where their wallets ended up.

And that is people who back then panic-sold their investments in a retirement account,

or an investment account, ended up suffering permanent financial loss.

On the other hand, those who just sucked it up and stayed in ended up doing not okay.

They ended up doing great.

The value of accounts from 09 to roughly 18 quite droopled in value.

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