Only adding to a lot of comments here, but I’ve gone down a fair bit the last while just from trackers and fairly mundane large companies. By shifting thinking though, there’s no reason to view it as a bad thing. Leaving this Buffett quote that I relate to, and sums up my feelings right now:

‘’If you expect to be a net saver during the next five years, should you hope for a higher or lower stock market during that period? Many investors get this one wrong. Even though they are going to be net buyers of stocks for many years to come, they are elated when stock prices rise and depressed when they fall. In effect, they rejoice because prices have risen for [what] they will soon be buying’’

Low stocks are great in a sense. In the period in which you’re investing for the long term, you can buy more for cheaper, and give them room to grow later for when you’ll be interested in selling.

If you need money sooner, it’s a different ballgame. For long term investing though, there isn’t actually too much to panic about