08-15-2007, 05:23 AM
Don't panic. A 10% correction would take the Dow down to about 12,600. Like so many others have said, unless you need your assets almost immediately, the smart thing is to hold on to perennial solid performers and keep up routine investing. Just don't buy any mortgage-laden instruments of any sort. I kept up my 401k automatic payroll investing during the tech bust and got some real bargains that appreciated tremendously later.
Cheerfully still in the market,
Jerry
Cheerfully still in the market,
Jerry