Eye2theLongRun

While the reason for each decline may differ, market pullbacks are part of the game. Based on history, in the US at least, for equities markets we can expect drawdowns of:

• Down 10% every 10-12 months;
• Down 20% roughly every four years; and
• Down 30% approximately every 10 years.

Obviously, even bigger declines can occur. Seeking more precision than this is spurious. Accepting this is prudent. Managing for it successfully is one holy grail.