THE NASDAQ 100 BRIEFLY FELL INTO A CORRECTION TODAY BEFORE BOUNCING BACK Peter Lynch once explained why moves like this shouldn't scare long-term investors "The market's had 50 declines of 10% or more. So 50 declines in 93 years, about once every 2 years the market falls 10%. We call that a correction." He said 15 of those declines were 25% or more, about one bear market every 6 years. "You need to know the market's going to go down sometime. If you're not ready for that, you shouldn't own stocks. And it's good when it happens." "If you like a stock at 14 and it goes to 6, that's great. 14 to 22 is terrific. 6 to 22 is exceptional." He also said you don't have to rush. Investors who waited 10 years after Walmart $WMT went public in 1970 still made more than 30 times their money, by his math.