Do Not Panic

We have just experienced a substantial stock market correction or loss of confidence or whatever you call it.  But most of that decline has been regained in the last week or so.  Short-term losses are to be expected.   Long-term is up.  People that bought stock in 1930 or 1931 and held it for 20 or 30 years came out rich.  Stay invested in equities in your 401k or IRA.