35. Don’t panic, it’s just a correction!

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Don’t panic, it’s just a correction!.. is what the wise man once said to his son who almost sold everything in a panic when the market dropped a little.

In February 2018 the Dow Jones in the USA experienced a number of days of heavy losses, that subsequently lead to an official correction being called. This resulted in most other markets in the world going into a correction as well. But what is a correction?

In this episode you will learn:

  • The definition of a correction and the market conditions required for it to be official
  • How many corrections we’ve had over the past 40 years
  • What we did in the most recent correction – did we panic and sell?
  • How to navigate your way through a correction and prepare yourself for the next one

Stocks and resources discussed

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