The Nasdaq is down approximately 70 percent since last March, the worst correction any of us have ever seen.
Human nature is to panic and sell everything.
However, in today's volatile environment, patience is more important than ever. The stock market's long history has had many painful declines. Yet it has always rewarded patient investors. Nobody enjoys economic slowdowns, but their impact on long-term investors has been minimal. Most investors make their biggest mistakes trying to time the market to avoid those negative periods.