Smart401k Blog

  • Current Market Perspective - Part II: What Should You Do?

    Our current assessment of the market is that we are in a market correction (for our reasons why, see our prior posting). We are close to the low point of a typical market correction, which entails a rapid decline of around 10%, followed by a slower recovery that can take from 2 months to a year (it can often be a fairly rapid recovery). While we don't believe we or anyone else can predict the precise beginnings and ends of market corrections on a consistent basis, what is important to a long-term investor is to recognize that it is a correction.
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