Putting the Correction in Perspective
The volatility of the markets in the past 1.5 weeks has caused a lot of consternation in a lot of people. 400+ point moves every day is enough to get the juices flowing.
Historically, so far this correction is very mild and short. The above chart shows where are right now.
Does this mean we have further to decline?
That is always the big question. I put very little emphasis on reversion to a mean, so what has happened in the past and where we are currently means very little to me.
We have to look to other analysis to make our determination whether this is the first leg of a declining market or a short term event.
Hopefully you've been listening to my videos to gauge where I am on this question
Buffet: "The Lower Stocks Go, the More I Buy"
 FORTUNE -- "There is no comparison between fear and greed," Warren Buffett is telling me over the phone from Omaha. "Fear is instant, pervasive and intense. Greed is slower. Fear hits," he exclaims. I am NOT recommending a wholesale purchase of equities, but rather use this quote from the article below as a reminder how the professional investors think. You have to keep your emotions in check to the best of your ability.
Dynamic Asset Allocation Coming Soon
 Within the month you'll hear more and more about some of the enhanced investment management techniques here at Generosity Wealth Management.
There are different types of investment management strategies, and it's my goal to have a portfolio of them for my clients.
That's enough of a teaser for now, but more will be forthcoming in the next monthl.
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