#MarketCorrectionBuyOrHODL
A market correction, typically defined as a decline of 10% or more from a recent peak, is a natural part of market cycles¹. Here are some strategies to consider during a market correction:
1. **Stay Calm and Avoid Panic Selling**: Market corrections are common and usually short-lived. Panic selling can lock in losses².
2. **Evaluate Your Portfolio**: Assess your investments to ensure they align with your long-term goals and risk tolerance².
3. **Buy the Dip**: If you have cash reserves, consider buying quality stocks at lower prices. This strategy can help you take advantage of lower valuations².
4. **HODL (Hold On for Dear Life)**: If you're invested in strong, long-term assets, holding through the correction can be beneficial. Historically, markets tend to recover over time.