Markets don’t like uncertainty, and they are reacting accordingly. However, as an investor in your Nucor 401k every week, now is a great time to be following the sage advice of Warren Buffett who tells us, “Be fearful when others are greedy, and greedy when others are fearful.” In other words, now is not the time to run away, it is time to be pushing in. Keep investing consistently in your 401k regardless of the news headlines and take advantage of opportunities. Remain diversified and rebalance your account if you haven’t done so. Market corrections happen frequently but we tend to forget. Case in point: Most of you have already forgotten the S&P 500 was down 25.4% between January 1 and October 12, 2022! Stay the course. If you jump off in the middle of the bumpy ride, you could miss out on the rebounds like we experienced on Wednesday.
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