The recent stock market decline has finally landed several of the major market indexes in correction territory. Corrections are normal but in listening to the cable financial news folks you’d think this another financial Armageddon. This is the first correction is about three years so this should not really be a surprise to investors.
Where will the markets go from here? Nobody knows? I do know that investors who overreact are often sorry they did.
Here are a few articles I suggest for some good financial reading:
Brett Arends opines Dow 5,000? Yes, it could happen at Market Watch.
Barbara Friedberg shares Best Ways to Avoid RMD Tax Hits on IRAs at Investopedia.
Anora Mahmudova encourages us to Meet the author of one of Wall Street’s best-read blogs at Market Watch.
Josh Brown told us How two of history’s greatest investors deal with losses at The Reformed Broker.
Sterling Raskie shares A New Hire Checklist at Getting Your Financial Ducks in a Row.
Please check out my post from October of last year Five Things to do During a Stock Market Crash with some thoughts that are timely in light of the current market correction.
I continue to write for Investopedia, here are a few of my recent contributions:
Have a great week. Yes the recent stock market declines are unnerving but as always take a deep breath and fall back on your financial plan before reacting to this or any stock market activity.
Please contact me with any thoughts or suggestions about anything you’ve read here at The Chicago Financial Planner.