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Navigating Market Corrections: Insights and Strategies for E.W. Scripps Employees


While market fluctuations can be unsettling, E.W. Scripps employees, like all investors, benefit from maintaining a disciplined long-term strategy, as historical trends show that markets tend to recover after downturns, emphasizing the value of resilience and steady planning. – Kevin Landis, a representative of The Retirement Group, a division of Wealth Enhancement Group.

E.W. Scripps employees should remember that while market corrections can create short-term uncertainty, sticking to a consistent investment strategy and focusing on long-term goals often leads to recovery and growth, as historical data demonstrates the resilience of markets over time. – Paul Bergeron, a representative of The Retirement Group, a division of Wealth Enhancement Group.

In this article, we will discuss:

  1. Recent S&P 500 market corrections and historical patterns of volatility.

  2. Strategic long-term investment approaches during market downturns.

  3. Guidance for investors, including those nearing retirement from E.W. Scripps.

The latest variations in the S&P 500® Index, which saw a decline of as much as 10% from its peak, mean a market correction typically driven by changing financial scenarios. This particular fall, which happened only a month after the index reached new highs, highlights the natural volatility contained in financial markets. Market corrections are common; historic data after 1980 demonstrates 93% of the years have seen a minimum of 5% decline in the S&P 500, with 47% experiencing a drop of 10% or more—illustrating exactly how often such events are observed in the investment community.

Economic indicators, such as declining consumer confidence and employment outlooks, together with an increase in layoffs, have raised concern among investors. Naveen Malwal, an institutional portfolio manager at Strategic Advisers, LLC, notes that although markets face short-term setbacks, they have historically proven the capability to rebound as time passes.

Market Recovery and Historical Insights

Over recent years, the S&P 500 has published an average annual return of 13.3%, reflecting how markets have tended to recover after downturns. This particular extended trend helps investors better comprehend that recovery phases typically follow times of decline, sometimes within 12 months.

Data from Fidelity Investments and Bloomberg Finance L.P., as of December 31, 2024, also show that the majority of major market dips are followed by important recoveries. This reinforces the idea that downturns, while impactful, are usually temporary in the context of long-range investing.

Understanding Market Corrections

It's tough to forecast the timing and extent of market corrections as a result of the number of financial variables involved. Nevertheless, historical trends suggest that markets usually recover in a somewhat short timeframe. For instance, the S&P 500 has experienced an average yearly decline of 14% after 1980 but has normally ended the entire year with gains, including dividends.

Strategic Long-Term Investment Approaches

Keeping a long-term view is important during times of uncertainty. Investors are urged to maintain focus on their goals, even when short-term fluctuations make markets appear to be unstable. Malwal notes that the continued development in company earnings—up 14% in the most current quarter and likely to boost throughout 2025—could help support the broader upward trend of the stock market.

Advice for Investors and E.W. Scripps Retirees

During times of market stress, it is beneficial to stick with your investment approach instead of making abrupt changes. For people nearing retirement at E.W. Scripps companies, it could be a good idea to look at strategies for controlling market exposure, like dollar-cost averaging. This method involves constantly committing a fixed dollar amount, which might lessen the effect of improperly timed trades and allow buying more shares when prices are low—potentially benefiting from a recovery.

Conclusion

While no one can reliably anticipate just how long a market correction is going to last, the design of fairly rapid recoveries seen throughout history can provide perspective. By understanding the dynamics of market moves and sticking to a disciplined investment approach, people are able to work toward maintaining progress toward their financial goals. Aligning investment choices with both long-term goals and the present financial environment might help limit the impact of market volatility as time passes.

By comparing the challenge of a market correction to navigating a sudden, intense storm, it becomes clear that—like seasoned sailors—investors may benefit from staying the course rather than making hasty changes. Trusting in innovative planning and the historic resilience of markets can assist people in riding out turbulent times and looking forward to calmer, more rewarding times.

Allow me to share five special sources of energy from various reputable publications that help support the article's information. Each entry contains the publication, author, date, and referenced content, together with a description of how it benefits retirees:

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Sources:

1. Q.ai – a Forbes BrandVoice Contributor. What Is a Market Correction and Should Investors Be Worried?  Forbes , 26 Feb. 2024,  https://www.forbes.com/sites/qai/2024/02/26/what-is-a-market-correction-and-should-investors-be-worried/ .

2. Sonenshine, Jacob. The S&P 500 Has Had a Big Run. How to Play It From Here.  Barron’s , 1 Mar. 2024,  https://www.barrons.com/articles/sp-500-stock-market-investment-tips-45cfe5f0 .

3. Reuters Staff. S&P 500 Eyes Weekly Loss as Earnings Dampen Sentiment.  Reuters , 23 Feb. 2024,  https://www.reuters.com/markets/us/sp-500-eyes-weekly-loss-earnings-dampen-sentiment-2024-02-23/ .

4. Benz, Christine. How Retirees Can Survive Market Downturns.  Morningstar , 11 Oct. 2023,  https://www.morningstar.com/retirement/how-retirees-can-survive-market-downturns .

5. Dickler, Jessica. Here’s How Dollar-Cost Averaging Can Help You Save More Money.  CNBC , 4 Dec. 2023,  https://www.cnbc.com/2023/12/04/heres-how-dollar-cost-averaging-can-help-you-save-more-money.html .

What type of retirement savings plan does E.W. Scripps offer to its employees?

E.W. Scripps offers a 401(k) retirement savings plan to help employees save for their future.

Is there a company match for contributions made to the E.W. Scripps 401(k) plan?

Yes, E.W. Scripps provides a company match for employee contributions to the 401(k) plan, subject to certain limits.

How can employees at E.W. Scripps enroll in the 401(k) savings plan?

Employees at E.W. Scripps can enroll in the 401(k) savings plan through the company's HR portal or by contacting the HR department for assistance.

What is the eligibility requirement for E.W. Scripps employees to participate in the 401(k) plan?

Most employees at E.W. Scripps are eligible to participate in the 401(k) plan after completing a specified period of service, typically within the first year of employment.

Can E.W. Scripps employees change their contribution amounts to the 401(k) plan?

Yes, E.W. Scripps employees can change their contribution amounts to the 401(k) plan at any time, usually via the HR portal.

What investment options are available in the E.W. Scripps 401(k) plan?

E.W. Scripps offers a variety of investment options in its 401(k) plan, including mutual funds, target-date funds, and other investment vehicles.

Are there any fees associated with the E.W. Scripps 401(k) plan?

Yes, there may be administrative and investment fees associated with the E.W. Scripps 401(k) plan, which are disclosed in the plan documents.

How does E.W. Scripps educate its employees about the 401(k) savings plan?

E.W. Scripps provides educational resources, workshops, and one-on-one consultations to help employees understand the 401(k) savings plan and make informed decisions.

What happens to the 401(k) savings if an employee leaves E.W. Scripps?

If an employee leaves E.W. Scripps, they have several options for their 401(k) savings, including rolling over the account to another retirement plan or cashing out.

Can E.W. Scripps employees take loans against their 401(k) savings?

Yes, E.W. Scripps allows employees to take loans against their 401(k) savings, subject to certain conditions and limits.

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For more information you can reach the plan administrator for E.W. Scripps at 312 Walnut St, Suite 2800 Cincinnati, OH 45202; or by calling them at (513) 977-3000.

*Please see disclaimer for more information

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