<prompt> Human: So I was a kid in 2008, old enough to know the economy was shit. It was in about middle school. I wasnt old enough to know exactly what was going on. Now that Im far more interested in finance and economics I understand what happened. Now most of my networth is in Vanguard funds. I figured that I shouldnt need more than 1500 on hand, anything more I could pull from Acorns acorns to buy Vanguard stuff at a understandable risk of it being at a dip. I work in a scrapyard, and thats one of those business that do quite well during recessions cash for clunkers and stuff like that but I invest because I dont want to rely on them. I can nearly guarantee that there will be another crash... Maybe within the next 10 years. Do I just have enough cash on hand to buy a tow truck or start a repo company? I dont just want to make money on the upturn, but also the downturn. Edit: I have 0 debit because of my personality.Assistant: have a 3 to 6 month emergency fund.get out of debt.invest based on your risk tolerance, and maintain that no matter what the market is doing.dont jump off the roller coaster before the end of the ride.Human: So continue my life?  <response>: yeah. the only people who were ruined in 2008 were people who panicked and sold at the bottom, or people who were on the verge of retiring but hadnt adjusted their risk tolerance as they were getting closer to retirement. 