Yes, the Market Is Correcting—What Now?
I’ve been receiving panicked calls about the current equity correction. Yes, several of the high-flying tech stocks (Magnificent 7) are down 6-14% this year, wiping out all gains since the November presidential election.
As I’ve shared in my newsletters and Meet the Expert podcast (available on our website and all major platforms), 2025 was always set to be a volatile year—largely due to a volatile president. I believe this is just the first of three corrections we’ll see this year. However, I also believe we’ll finish 2025 higher than where we started. That’s 100% my opinion, but history supports it.
So, what should you be doing as an investor?
- Long-term investors: Now is a great buying opportunity.
- Concerned investors: If you’re worried or your political outlook doesn’t align with the current administration, consider moving into our Income Model Portfolio—income products could perform well this year.
- IRA holders (10+ years from withdrawals): Market dips can present a smart opportunity for a Roth Conversion.
- Risk profile check: This volatility offers a chance to either be a contrarian and increase your risk or take a more conservative approach and decrease your risk. Neither choice is wrong—it depends on your long-term goals.
- Stay the course: Sometimes, the best move is to hunker down, ride out the volatility, and remember that over the last 1,000 years, equities have always gone up.
These are all great topics to discuss with your financial advisor. Feel free to contact me at 925-314-8503 or book a time on my calendar: Calendly.com/elliotkallen
I always appreciate our continued relationship. Spring is around the corner—let’s enjoy the ride!
All my best,
Elliot Kallen
The post Yes, the Market Is Correcting—What Now? appeared first on Prosperity Financial Group | San Ramon, CA.
For more than three decades, Elliot has provided customized wealth management solutions for entrepreneurs, business owners, retirees, and millennials.
Elliot and his wife, Tammy, are passionate about giving back to the community through their 501(c)(3) foundation, A Brighter Day. Through his partnership with A Brighter Day Charity, the Kallen family has helped local teens and young adults recognize and access resources to cope with the risks of stress and depression.
He enjoys spending his free time with his family. Some of his hobbies include cooking, wine, golf, travel, and studying history.
He lives in Lafayette, California with his wife, step-daughter, and grandson.
