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Keeping Clients Cozy is the Mission of Pro Comfort Control

Keeping Clients Cozy is the Mission of Pro Comfort Control
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Investing Basics: What Is A Market Correction?


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 ....

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10 New Year's Financial To Do's (You'll Feel Great When You Check Them Off)


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The start of the year is a good time to check your credit score and make sure that no one has opened any credit card accounts in your name without your knowledge, especially if you plan on applying for a mortgage or home equity loan. All three of the main credit reporting agencies, Equifax, Experian and TransUnion, allow you to request one free credit report per year. Instead of asking for them all at once, considering staggering each individual request over the course of the year. You can request these credit reports online at Annualcreditreport.com.
And while you’re looking over your credit reports, consider closing credit card accounts you no longer use. The fewer you have, the less exposure you’ll have to potential credit card fraud.  ....

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