Over the past month, the stock market has sent a stern reminder to the investing community that equities can go down just as easily as they can rise. The double-digit percentage declines in the benchmark S&P 500 and growth-dependent Nasdaq Composite represent the biggest drawdowns for both indexes since March 2020.
>>> Read more: Stock Market Correction: The Smartest Stocks to Buy With $100
>>> Read more: Stock Market Correction: The Smartest Stocks to Buy With $100