10% Correction Territory💥

Corrections are like that spooky dream you have. You know it's a dream lurking, but don't know when it will make its next appearance. While you might awake from that dream; you shouldn't lose sleep over the possibility of a correction.

According to a 2018 CNBC report, the average correction for the S&P 500 lasted only four months and values fell around 13% before recovering. However, it is easy to see why the individual or novice investor may worry about a 10% or greater downward adjustment to the value of their portfolio assets during a correction. They didn't see it coming and don't know how long the correction will last. For most investors, in the market for the long term, a correction is only a small pothole on the road to retirement savings. The market will eventually recover, so, they should not panic

The S&P 500® Index fell into "correction" territory in the first half of May 2021, closing more than 5% twice below its last all-time high reached earlier in the month. May's turbulence brought the first modest correction since the first quarter of 2021 and the fastest-ever

2 x 5% correction, with the decline occurring over a mere six trading days.

No one can pinpoint when a correction will start, end, or tell how drastic of a drop prices will take until after it's over. What analysts and investors can do is look at the data of past corrections and plan accordingly.

Embrace the Uncertainty of Probability💥