Reply To: Correction or Meltdown?


TS Paul

I know I sound like a Pollyanna during each correction when I talk about how I ignore them or use them as opportunities to buy stocks on sale. If I could predict these or call the bottoms on them, I certainly would, but despite my best efforts when I was a younger investor that was not a code I could crack.

So I pull back a bit from looking at the financial media during these events and take the long view. Absent a recession (which we do not have right now), the market is going to go up. But it’s not going to go up every day – there are going to be a lot of down weeks and months along the way. I get some comfort from taking a look at all the dips and stumbles over the past few years in the attached chart, but also looking at how much higher we are than where we started.

You must be logged in to view attached files.

The TSP Allocation Guide