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Motley Full Money starts now.

I'm Chris Hill joining me today, Motley Full Senior Analyst, Jim Gillies.

Thanks for being here.

Thanks for inviting me, Chris.

Let's go back in time, shall we?

Always a good time.

If we go back in time 24 hours, it's pretty awful because Tuesday ended up being one

of those days where the financial news bleeds into the mainstream news because the Dow dropped

over a thousand points or whatever the total ended up being.

But I wanted to talk with you about something that Austin Sharmer and I started to touch

on yesterday, which is this thing that, and maybe I'm showing my age here, but the thought

that I have when days like yesterday happen is I feel like I'm getting a second chance

as an investor because if you invest for long enough, it's easy to daydream about going

back in time and saying, oh, if only I had bought this stock 10 years ago, 20 years ago,

whenever, you know, when it fell because now with the benefit of hindsight, I can see

that was the time to buy.

And I'll be honest, Jim, I'm not doing that type of daydreaming.

I'm doing more of the generic kind, which is to say, I think back to the Great Recession

2008, 2009, and I think, boy, that really was the time to just be buying in general.

Even if you were just buying the index, the S&P 500 index, the QQQ.

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