I'm fortunate that I have many investing years ahead of me. This market is like buying stocks on sale. I have purchased some defensive stock plays which yield good dividends at remarkable prices. I feel really bad for the retirees or soon-to-be retiring workforce whose portfolios have been crushed.

The market regained nearly all of its value in December 1987, two months after the big October crash. I suspect it may take longer this time around, but things will bounce back. I saw a headline that GM's stock today plummeted to its lowest value since 1950.