The original version of this article first appeared in The Business Times. WE ARE in a correction. Global stocks in mid-May were down over 17 per cent since the start of the year, and global bonds are down 15 per cent from their peak in early 2021. At Endowus, we get a lot of questions on where the markets will go from here. Yet, history and evidence have shown us that trying to make such predictions in the short term is a futile effort. Rather than anxiously trying to keep up with flashy headlines and speculations, we look to time-tested strategies in a downturn that you can act on now to reorient your money for your future. Sell that stock and buy the market AIG from the mid-1980s to mid-2000s was a darling of the financial services industry. Its stock went up over 20 times, while the stock market went up 5 times. But during the global financial crisis...