We’ve corrected only 10% from the top & people on social media are reacting as if they have witnessed a mayhem.
Stocks do fall. It’s in their very nature. Just like stocks do rise.
When stocks were rising you didn’t complain why this sucker is up 50% without any reason.
A 10% correction is absolutely normal. Let me tell you, even a 20% one is normal.
If you can’t see stocks going down by 20-30-50%, you don’t have any business to be into stock market.
Better you stick to fixed deposits and bonds.
If you need higher returns than other asset classes, you ought to bear the higher volatility too.
There’s no free lunch.