Setting big goals is exciting, but life has a way of throwing us off course before we even get started. Whether it’s getting sick, missing a week, or simply losing momentum, those setbacks can make us feel like we’ve failed. But what if you could set goals that adapt to life’s interruptions instead of falling apart when things don’t go as planned? Here’s a new approach to goal-setting that lets you stay on track—even when life gets in the way—so you can actually achieve your goals this year.
Correction Time: The Market Takes a Hit
After reaching all-time highs on January 26, 2018, the Dow Jones Industrial Average and the S&P 500 went into a two-week slide that saw both stock indexes drop by more than 10%, a decline that is typically considered a market correction.1
Analysts have been saying for several years that the long, booming bull market was overvalued and due for a correction, so the drop was not a surprise in the big picture.2 And even after the 10% plunge, the Dow was up 19% over the previous 12 months, and the S&P 500 was up 12.5%.3
It's natural to be concerned about this kind of shift, but more important to maintain perspective and focus on your long-term goals. It may be helpful to consider some of the reasons behind the surge of market volatility.