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Channel3000.com February 10, 2021 8:41 AM Miranda Marquit - Forbes Advisor Posted: Updated: February 11, 2021 6:36 PM When markets keep rising steadily for an extended period, there comes a point when the talking heads on television start forecasting a correction. What’s a correction? Nothing more than a moderate decline in the value of a stock market or the price of an individual asset. A correction is generally agreed to be a 10% to 20% drop in value from a recent peak. Corrections can happen to the S&P 500, a commodity index or even shares of your favorite tech company. “Say the words market correction and many investors immediately think of a crash or a bear market, with the panic-inducing idea that they’ll be living on Ramen noodles through retirement,” says Joseph Hogue, chartered financial analyst (CFA) and a former Wall Street investment analyst. “In reality, stock market corrections happen relatively frequently, and they aren’t nearly as bad as

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