There have been four stock market corrections (a decline of 10 percent or more from the recent high) during the current eight-year long bull market. According to research dating back to 1900, corrections have occurred about once a year on average, and lasted on average about 115 days. Over the past thirty years or so, the S&P 500 has seen 21 corrections. Talk is increasing that correction number five of the second longest bull market on record, is just around the corner. If you are a long-term investor, you should be rooting for a correction. After all, wouldn’t you rather buy stocks at a 10 percent discount to where they are today?
Read More
