Stock Market spike: Four things you need to know now - WDRB 41
Louisville News  Stock Market spike: Four things you need to
know now  Posted: Updated:  The market has reached yet another
all time high, yet every time we've been here, the same things
happen time and time again! What's different this time? What
should you expect? What should you do? Mark Lamkin from Lamkin
Wealth Management has four things that you should know about
your investments and about this market right now.  1. Correction
Coming  Every time the market has reach all time highs, we have
experienced a correction. A correction is a drop in the stock
market of at least 10%. This is a healthy part of the market
process as markets don't go straight up. On average, markets
drop at least 10% once per year, they drop 15% at least once
every 2.5 years, and they drop 20% or more (a bear market) every
4-5 years. This is a normal part of the investing cycle and can
be expected. However, timing this is a fool's game, and this is
why a well defined fin