One thing I might suggest people consider...Options. Now I'm not talking high risk, like naked calls, or esoteric plays like condors and butterflys, but basic strategies; specifically, covered calls and buying and selling puts. People hear options and think that they are very risky or complicated. They read articles about the greeks and assume it is out of their league. With the market in a correction mode, options allow you to easily hedge risk, make some $ and/or purchase at below market prices.

To repeat, it's not at all complicated, unless you want it to be and worth a bit of investigation in a volatile market.