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    AI 🤖Business 💼Cryptocurrency 💰Economy 🏛️Politics 🥸Stock Markets 🤑Technology 🛠️
    Posted 9/17/2023, 4:50:00 AM

    Stock Market Corrections Create Bargains for Savvy Investors

    • A stock market correction is a 10-20% drop, anything above 20% is a crash. The London Stock Exchange has experienced many over time.

    • Corrections can create bargains for long-term investors who stay calm and buy quality stocks when others panic sell.

    • It's wise to keep cash in an ISA to deploy in a correction rather than be "all-in" invested.

    • Good stocks to target are out-of-favor sectors like housebuilders and miners, and investment trusts trading at big discounts.

    • Historic market crashes show that the largest discounts and best bargains emerge when pessimism is peaking during a correction.

    yahoo.com
    Relevant topic timeline:
    8/23/2023
    POLL Global stock market correction likely before year-end
    Global stock markets are expected to undergo a correction in the coming months, although analysts predict marginal gains overall until the end of 2023, with a majority believing that a correction in their local equity market is likely or very likely by year-end.
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