The Market Is Falling! What Should I Do? – by Steve Lowrie

About once a year on average, global stock markets go a bit crazy, dropping in value by about 10%. Well, actually, using the S&P 500 Index as our guide, the average intra-year decline over the past 30 years has been even a bit higher at 14.2% per year. As we post this Q&A, some markets have dropped even more than that, but certainly not to unprecedented depths. Whenever these declines or worse happen with their relative routine frequency, the Chicken Little pundits among us scramble … [Read more…]

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