The Nasdaq-100 fell nearly 5% during Friday trading, taking it down more than 10% from its high just earlier this month. That's the third time this year that the index of 100 of the largest growth-tech stocks fell into a 10% correction zone, according to Bloomberg. Yet even counting Friday’s drop and all the ups and downs this year, the Nasdaq-100 has nearly doubled over the last three years. We know days like Friday and weeks like this one can be tough on individual investors when selling seems both targeted and wide. And even more so for those of us who love investing in individual stocks rather than just owning passive index funds. The average stock is more volatile than the average market. So, we Fools will feel those market kicks more acutely than our neighbors might. But that also means we get to reap the rewards of the individual stocks that go on to double, or triple, or even rise five or 10 times in value, with the right long-term mindset.
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