The Stock Market Is Plunging: 3 Superb and Exceptionally Safe Exchange-Traded Funds (ETFs) to Buy Right Now
You don't have to buy stakes in individual companies to generate wealth on Wall Street.
Occasionally, Wall Street reminds investors that stocks don't move higher in a straight line. Over the last three weeks and change, this message has been received, loud and clear.
Since Feb. 19, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX: ^GSPC), and growth stock-dominated Nasdaq Composite (NASDAQINDEX: ^IXIC) have respectively lost 8.6%, 10.1%, and 13.7% of their value. You'll note the double-digit percentage declines for the S&P 500 and Nasdaq Composite officially places these two indexes in correction territory.
More often than not, market corrections are driven by fear, uncertainty, and investors' emotions, which is what leads to stocks plunging. Although corrections can challenge investors' psyche, they're also, historically, the best time to put your money to work on Wall Street.
