A comment about today's stock market downturn ... These corrections happen all the time. It's been too good for too long. Some people panicked today and lost money because of it.
Most likely, wiser investors will buy up these cheaper stocks in the days ahead. The economy simply is too healthy to assume there's going to be a recession or worse.
In fact, many times these economic numbers get corrected in a month or two, and it turns out everything is okay.
https://www.cnn.com/business/live-news/global-stock-markets-plunge/index.html
@Pitizenlyn Most of my 401(k)s are in mutual funds, although because of my age much of it is in low-risk and guaranteed rate investments. I checked this morning; I lost yesterday less than 1% of what I had invested. Glad you saw it for what it is, just a correction.