• The worst 3 days in Market history
• Possibly the worst August
• Are we still in a Bullish market? Yes, I think so but there is weakness in the market
I am hopeful that the market will recover but this is without a doubt a significant Correction. However, it is a Correction that has been overdue!
Although I am hopeful of a recovery there is weakness in the market and that means that the market could roll from a Bull to a Bear pretty fast.
For those folks who are Day Traders this is a very scary time. But not so much for us.
We have a 401K Plan and that means our investing is over a long period of time.
For anyone with 5 or more years until retirement this correction actually presents an opportunity to buy low. With the Corrections comes a reduction in share values so therefore with your monthly contributions into the 401K Plan you are buying at a lower price.
If anyone would like to talk more about this please feel free to give me a call at 952-466-6311.