With the S&P 500 index dropping over 10% in just the last three months, investors received a not-so-subtle reminder of the perfectly normal declines that occur in the market. According to Compound Capital Partners, the S&P 500 index sees intra-year corrections of 10% almost every other year and 20% drops every four. On top of the broad market's decline, the technology-focused NASDAQ Composite index dropped over 15% year to date, and many investors have felt the pain -- myself included. Read More...
With the S&P 500 index dropping over 10% in just the last three months, investors received a not-so-subtle reminder of the perfectly normal declines that occur in the market. According to Compound Capital Partners, the S&P 500 index sees intra-year corrections of 10% almost every other year and 20% drops every four. On top of the broad market’s decline, the technology-focused NASDAQ Composite index dropped over 15% year to date, and many investors have felt the pain — myself included.
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