Market Corrections can be good for the wallet! Corrections are part of the normal "shock market" menu, and can be brought about by either bad news or good news. If you don’t love corrections (and deal with them like visiting relatives) you really don’t understand the financial markets. Don’t be insulted, it seems as though very few investors see it this way.
Conclusion... Welcome to the BIG Buy Low
Take a look at the past. There has never been a correction that has not proven to be a buying opportunity, in spite of the media hype that this one is special. When they are broad, fast, and deep, the rally that follows is normally broad, fast and steep. Get ready to party.
The reality of corrections is one of the few certainties of the financial markets, a reality that separates the men from the boys, if you will. If you fixate on your portfolio Market Value during a correction, you will just give yourself a headache, or worse.
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The BIG Buy Low <--
