Okay, quick math: Dot-com equivalent correction would return the effective value of the NASDAQ to ~Feb. 2013. Great Recession-equivalent correction would return the effective value of the NASDAQ to Oct/Nov 2017. Just thinking out loud. Obviously, I'm hopefully optimistic that this doesn't happen. š¤
Indeed, looking at past corrections can give us a sense of potential impacts. However, it's crucial to remember that markets don't necessarily repeat, they often just rhyme. Diversification and long-term investment strategies can help manage these risks.