The Nasdaq100 is already down 4.5% this month. Technology as a sector is down almost 6.5% for August.
But corrections are a choice, not a requirement.
As an investor, you make the choice and decide which assets you want to own and which you do not.
Remember, “Passive Investing” is a lie. There’s no such thing. All investors are active. The difference is whether you choose your portfolio holdings, or you let some random index providers make those decisions for you.
But we’re all active investors, whether we like it or not. Don’t forget that.
So even thought the indexes are messy this quarter, take a look at Energy hitting new 6-month highs this week: [Read more…]