Consumer confidence hits a 28 year low so.....on a personal level, does that mean I haven't felt this badly since I was 10 years old and my allowance and lawn mowing income wouldn't cover my Estes model rocket hobby.
At the age of 9, after reading a book that said the US government used to exchange paper money for silver and gold, I made my first investment buying 10 oz. of silver from a shady local coin dealer. I thought having ingots seemed like a cooler form of loot storage. My parents probably thought I should be doing something more constructive than being a little gold bug.
Luckily the Hunt brothers attempt to corner the market gave me a 50% profit in 1980, by 13 I was buying shares in Apple computer and dodgy penny stocks and at 17 was trading Yen futures from the principals office. This is cliche for wall street types, but I think my family enjoyed the novelty of it all in rural Iowa.
P.S. teenagers and leverage don't mix well :), high school with 6:00 AM margin calls is stressful. It took a lot of pizza delivery jobs and work in the Iowa soybean fields to set things straight. In retrospect a cheap lesson to learn about the power of leverage for good and bad. I spent the next years at the University of Iowa as a cultural anthropology student studying neural networks and building spreadsheet models for T-bond futures on the side while co-founding a software start-up.