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People saying this is nothing. Yes, it is not productive for a longterm investor to focus on individual days (and I'm not panic selling now) but 13% down is a l
by victorbjorklund 2y ago
People saying this is nothing. Yes, it is not productive for a longterm investor to focus on individual days (and I'm not panic selling now) but 13% down is a lot. The point isn't that 13% in itself is the end of the world (I'm still up 40% this year) but rather that it signals that the market thinks things are going to get bad. And that could be bad for our portfolios (and our jobs, etc).