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Staying with your investment plan: why you shouldn’t fear the “correction”

Posted at 10:37 PM, Aug 27, 2015
and last updated 2015-08-27 22:59:24-04

RICHMOND, Va. -- The recent market turmoil may have you scratching your head and asking plenty of questions: is China’s slow-down bad for my portfolio? Will the Federal Reserve raise interest rates next month? Does the revised GDP number of 3.7% mean the U.S economy is on track?

The drop in the stock market indexes of more than 10% over the past week or so, before the recent rebound, has given many investors pause. But Sandy Wiggins, from The Actuarial Consulting Group in Midlothian, makes a fascinating point: in most years, including the robust growth of the recent recovery, such a drop is common.

Take a look at what Sandy has to say and look at the charts yourself.  It should go a long way to helping you stay the course you’ve set for your investments.