The market is setting new record highs right now.
It’s up 18% from its late-March low and 47% above last April’s bottom
For some, it’s creating a feeling like the market is overdue for a correction (even if only minor). That’s especially true given many stocks’ steep valuations at this time. What should investors do here?
Well, doing nothing is a perfectly viable option. Past corrections by the numbers OK, most investors will want to do the obvious things like taking profits on their more … “adventurous” trades that they never actually saw as long-term positions. For any stocks you bought as true “forever” holdings, however, your best course of action is arguably just riding out any potential storm.