8
|
SUMMER 2018
hen financial markets swoop
up and down, the urge to
escape can be hard to resist.
However, selling out isn't the only (or necessar-
ily the best) way to smooth an unsteady market.
Volatility — a term insiders use for market
swings — is an unavoidable part of investing.
If you've noticed a recent dip in your portfolio, don't panic.
Plan smart and get ready for the rebound. By Mark Henricks
Ride steady on an
unsteady market
Since 1980, we have seen 11 corrections involv-
ing a decline of 10 percent or more, and eight
bear markets when the downturn reached at
least 20 percent and lasted at least two months.
Globally significant market events such as cor-
rections or bear markets happen about every
two years. However, the prospect of higher
W
Photo illustration by J.R. Arebalo
