Reply #7: Typical market corrections are nothing to worry about for a long term [View All]

[Zynx]

investor. However, one should have a value tilt to their portfolio with large cap non-cyclicals like Procter & Gamble and Kimberly Clark if you are concerned about volatility. Frankly, I say that if you are not willing to see an individual stock you own go down 20% or a mutual fund you own go down 10%, you shouldn't be in the stock market.

If that is your situation, load up with "Balanced" funds that are half bonds and half stocks and generally provide a consistent 8% a year unless equity performance is like the 2000-2002 period, which was an anomaly.