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I’m Jonathan’s brother, Andrew Clements.
I remember the crash of 2008–2009. Markets were nosediving with no end in sight. Fear was everywhere. Like many people, I wondered whether this time was different, whether things might not recover.
I called my brother, Jonathan.
He told me to stay in the market. It would go back up, he said. And if it didn’t, well, then we were all royally screwed anyway.
So I stayed invested. And of course, he was right.
That was Jonathan. Calm when others panicked. Practical when others speculated. He loved to give advice and help people, never asking for anything in return. HumbleDollar became his pride and joy. A place where he could offer thoughtful guidance, then spend hours responding personally to readers in the comments.
But to me, Jonathan was first a brother. We grew up moving across continents. From England to Maryland and then to Bangladesh. Those years shaped us. We stood in awe before the Taj Mahal, camped near a glacier in Kashmir, and navigated the winding mountain roads to Darjeeling. We even rode out a sudden storm off the coast of Thailand. Through it all, we were together, and those experiences bound us for life.
Even as a boy, Jonathan had the temperament readers came to know. Curious, observant, quietly determined. He didn’t shout. He didn’t exaggerate. He simply looked at the world carefully and shared what he saw.
My last visit with Jonathan was a few weeks before he passed away. For once, I was happy to have my flight delayed. It gave me a few more precious hours with him. We talked about HumbleDollar. About the legacy he hoped to leave behind and its future. It was his passion. He wanted it to continue along the path he had built, while understanding that changes and new directions would naturally come.
What mattered most to him wasn’t the site itself, but the conversation. Thoughtful people helping one another make better financial decisions and live better lives.
Jonathan faced his illness the same way he approached everything else, with quiet courage, dignity and determination. No drama. No complaints. Just steady resolve. He thought often about readers and about keeping HumbleDollar going.
With that in mind, I’d like to ask both past and present readers: let’s continue to build on that legacy.
Write. Comment. Share your experiences. Offer practical wisdom. Help each other avoid mistakes. That’s what Jonathan valued most, not perfection, but honesty. Not complexity, but clarity. Not chasing riches, but building a better life.
HumbleDollar was never meant to be loud. It was meant to be thoughtful. It was meant for people like us, the common investors trying to make wise decisions, support our families and secure our future.
Jonathan may no longer be writing new articles, but his voice still lives here. In the tone, the values and the community he built.
Let’s keep that going.
That’s what he wanted.
Andrew,
What a wonderful piece, beautifully written.
Thank you Andy, I appreciate your kind words.
I used to read Jonathan’s column in the WSJ — and felt, isn’t it great that the august Wall Street Journal, which I thought of as catering to the wealthy, also gave space to the idea that “getting going” was something a lot of readers needed! Now that I’m a couple of years into retirement (which happened somewhat accidentally, but I like it so far), I’m thankful for his practical, steady advice about how to… get going and make a nest egg gradually appear out of nothing. Now that I don’t have a paycheck anymore, having a calm, rational approach to investing is even more important — so let’s keep this conversation going!
Thank you for the comment, retirement can definitely be scary but if it’s well thought out it can be a wonderful journey.
Hey Andrew,
At some point are you or Elaine planning on giving us updates on the Jonathan Clements Getting Going on Savings Initiative? I think all of us would look forward to seeing from time to time how it’s going.
Thank you David for your comment. I will need to check with Elaine on that and we will get an update for you.
Back in 2007-2009 I didn’t listen to my advisor when I panicked and wanted my Measly $60K I had build up in 100% technology. When it dropped over 50% I told him to sell and “diversify” like he’s been preaching. I insisted on getting out before I lost more. Of course, he had to do what I said, before my wisdom I have now. I would have gained way MORE than I had lost had I just stayed in the market. I did however buy 3 homes then all under $95K which has made me a multi-millionaire in retirement, and a bit before. I now preach be diversified and stay the course. I started investing in my 403B with only $10 a that was all I could spare raising 2 girls on my own. As I got raises, I increased my funding. Starting and making it automatic is the key. You’ll “live” just fine on the rest.
Thanks for taking the time to share your thoughts and don’t sell yourself short with your writing skills. Jonathan was one of my financial heroes along with Mr. Bogle. They both got me headed in the right financial direction when it was needed. 2008 was my first earthshaking experience and it was Jonathan’s guidance that kept me pointed in the right direction and I can never thank him enough. I hope you continue to contribute to Humble Dollar.
The third person on my personal Mount Rushmore is Christine Benz from Morningstar.
Thank you Mel, you knew Jonathan for a long time. Yes he was definitely needed back in 2008. Thank goodness I listened to him.
Thanks for sharing your wisdom. Keep writing we all need more wisdom about finances. We just cannot thank Jonathan enough, for all his wonderful writings. As for as I am concerned Humble Dollar should be taught in Primary School, High School, and College. People need to learn finance.
Thank you William for taking the time to comment. I will continue to add my two cents but as I am not a financial writer my comments will be based on experiences and the outcomes.
Though reading ” Humble” for years I’ve limited my sharing to the almighty “thumb”. My financial knowledge is honed on what I’ve learned from ya’ll (yes, Tennessee thank you) and I never had anything new to share. But this article moved me to learn how to log in and comment.
Have you ever read a novel that was so good you thought about the characters at odd times during your day? Wondered what they were doing? Of course I know Jonathan was a real person. but not someone I ever knew or even a talking head I saw on the tube. BUT I thought of him often during his cancer battle. How was the bathroom remodel coming along? I hope today was a “good” day.
Andrew, please take comfort in knowing that your brother mattered and that many were praying and sending positive energy. He defied odds and survived longer.
The Humble Dollar will continue because we want it to. Together we are powerful. Jonathan taught us that too.
Thank you so much Sherry, your words are powerful and I have taken them to heart.
Thanks for your post, Andrew! I belive I have gifted each of my children each of the advice books Jonathan published. I know each of them have graciously listened and nodded to the many, many pieces of Jonathan’s wisdom I have attempted to pass on them.
Thank you Patrick, you would have made
Jonathan proud. In the coming month another book will be coming out that was compiled before Jonathan’s passing,
Thanks for your post, Andrew! My condolences on your loss. Will we be reading more of your writings?
Thank you for your comment Dave, I’m not a financial writer like Jonathan but I’ll be more than happy to share the lessons I’ve learned over the years .
Please do! Your writing style (and kind, thoughtful comments) very much remind me of your brother.
Same for me, Andrew. I struggle to think of things to write about that haven’t been addressed by other writers, so, I just lurk and respond.
Andrew, a warm tribute and call to action. I’ll keep pounding the keys, mindful of the ethos your brother built here.
Thank you Mark, keep it going for Jonathan and his legacy.
Great to hear from you. This is such an important idea: “He told me to stay in the market. It would go back up, he said. And if it didn’t, well, then we were all royally screwed anyway.”
I try to convey this to others. If the stock market doesn’t come back after a drop we’re all going to have bigger problems than that to worry about.
That’s very true — bigger problems. Recall that it took from 1929 to about 1945 for that come back. Sixteen years for someone retiring in ’29 would usually have been a lifetime.
Thank you Ben, let’s hope it doesn’t come down to that. So far Jonathan hasn’t been wrong.
I love what you said that he valued most, “..not perfection, but honesty. Not complexity, but clarity. Not chasing riches, but building a better life.”
What a beautiful way for all of us to remember him, and a challenge to myself and perhaps many others to emulate. Thank you for writing this!
Thank you Jack, your comment is much appreciated.
Thank you for posting this, Andrew. i appreciate it more than you could ever know.
Of course Elaine, stay strong and we will build on Jonathan’s legacy.
I too remember calling Jonathan as markets were plunging during the financial crisis. He calmly walked me off the ledge and confidently told me we would look back at these times as a great buying opportunity. Jonathan was an amazing man and I’m so fortunate to have known him. But I sure do miss him.
Thank you Allan for your comment, he’s truly missed. And yes, he held me back from making some uneducated investments!
“HumbleDollar was never meant to be loud. It was meant to be thoughtful.”
What a superb sentence.
Thank you, Andrew.
I appreciate it Mike and you taking the time to comment.
Couldn’t agree more!
I must say I found HD by accident a little time before his cancer diagnosis, but his writings during such stressful time & how he shared much personal detail about his estate planning, etc. were so inspiring for me to do the same with my family. I will be forever grateful for his writings. May it lives on forever in all his readers’ hearts. Thanks for the wonderful post about your relationship. Please do write many more of such posts in the future. God bless.
With your comment I will certainly make the effort to write more, thank you!
Andrew,
To use an English saying, “Spot on.”
You wrote, “Thoughtful people helping one another make better financial decisions and live better lives.”
This is what I have tried to do with my forum posts and comments. This is the only “social media” I am on for two reasons:
1) The tone set by Jonathan
2) A way to hopefully help others with the financial information I have gleaned from being a reader of a copious amount of information as an amateur investor.
Thank you David for your contributions,
lets keep it going.
What a great message to read with my morning coffee, Andrew. Thank you for your article that models the tone of HD that Jonathan created and that first drew me to this site.
Jonathan loved his coffee! Thank you for the comment.
Thanks Andrew. For me, Humble Dollar remains a rare corner of calm and reason on the internet. It is one of the very few places I feel comfortable to communicate my thoughts.
Thank you Greg for words written from the heart, Jonathan would love to have read your sentiments, perhaps he did.
Amen, Greg.
Andrew, thank you for weighing in.
Andrew – thanks for sharing your thoughts on HD. I’m sure everyone agrees that additional messages from you would be welcomed by the HD readers.
Thank you Jeff for your comment, I will certainly do my best with your encouragement.
Thank you for the memories and the reminders. Much sympathy for your loss.
Thank you for your kind words, Jonathan would have also appreciated it.
Thank you Andrew. You are truly blessed to have experienced such brotherly love.
Thank you Mark for your kind words, they mean the world to me.
Thank you, Andrew. And I’m so very sorry for your loss.
Thank you 🙏, HD is his legacy but his family meant everything to him.
Andrew, I think your description truly captured what made HumbleDollar special. Thanks for the reminder.
Thank you Rick, Jonathan’s heart was in HD and he would want us to continue his legacy and make him proud.
Beautifully expressed, Andrew, and written in the Clements style—concise, straightforward, and crystal clear. Must be in the genes.
(another) Andrew
Thank you Andrew, I appreciate your kind words.
Thank you for this.
Thank you Kristine for taking the time to read my post, it was written from the heart.
Andrew, it seems Jonathan and Nick aren’t the only two skilled writers in the Clements family. Great message, thanks.
Thanks Dan. Jonathan may no longer be with us but the memories are forever in my heart. HD is only one part of the legacy he leaves behind.
Jonathan’s memory is also in all of our (Humble Dollar reader’s) hearts too, he was a wonderful human being, truly someone to emulate.