The present study investigated loneliness and positive life events as predictors of psychological maladjustment (viz., depression, hopelessness, & suicidal behaviors) in a sample of 327 adults. Beyond the expected role of loneliness in psychological maladjustment, positive life events were found to further augment the prediction of depression, hopelessness, and suicidal behaviors. In addition, the presence of positive life events was found to buffer the positive association between loneliness and maladjustment. Specifically, the positive association between loneliness and psychological maladjustment was found to be weaker for those who experienced a high number of positive life events, as opposed to those who experienced a low number of positive life events. Some implications for helping adults perceive or appreciate the presence of positive events in their lives are discussed.