Friday, January 15, 2016

Current Market Correction (January 2016 Edition)

I have to say that I hate the term correction, but I can't come up with a better word, so we're stuck with it.  Anyway, you're probably aware that global stock markets appear to be in free fall since the beginning of 2016.  I'll spare us all the depressing details, but we're down significantly in the past two weeks.

However, the fact remains that stock markets are volatile; they have always been volatile and always will be volatile.  There really is nothing to do about it, except avoid the volatility with any any money you may need within the next five years or so (I think I've heard this before).

I highly recommend watching this video. Professor Davis should help you view the markets more objectively.  If not, please call us anytime, whether to vent or just to chat.  ~FSB

Authors note: Please see archives from 2013, 2011, 2009 for previous editions of market correction blog posts.