can someone explain why it is a "correction" when the markets drop? I mean, what is it correcting for? Nothing seems to be different in how businesses are ran... Aside from maybe China fixing their currency, which would normally just affect the companies that deal with china/their exports. So why would things like reits/bonds be affected by China when they don't interact with it?
It seems like my payout from the down market is pretty good on my write/put etfs though. Been using them since last year and they seem to be doing their job how I hoped (namely, I get "some" returns when the markets are flat/low instead of nothing).
Other than that, I'm down I think $10-15k in the last weeks, but why should I care about it? I just won't sell it, and eventually it'll recover. Even if I let it sit in bank, it won't "gain" me much anyways, even if it doesn't "go down", the cash value of it means nothing to me since I never touch it in bank anyways. The G fund has been good to me though, yay for using that as my "bond" allocation