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Home Market Research Markets

Market Volatility Got You Spooked? Here’s What to Do (And NOT Do!)

by TheAdviserMagazine
6 months ago
in Markets
Reading Time: 10 mins read
A A
Market Volatility Got You Spooked? Here’s What to Do (And NOT Do!)
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In This Article

The market’s doing its rollercoaster thing again—and if your stomach’s doing flips, you’re not alone. But before you hit the panic button or cash out your 401(k), let’s take a collective deep breath. Because when things get bumpy, the worst time to make big money moves is right now.

Scott and I said it on the podcast, and I’ll say it again here: now is NOT the time to create a brand-new investment strategy. Emotions and market swings don’t mix well when it comes to your financial plan.

That said, this is the perfect time to observe how you’re feeling. Are you nervous? Excited? Ready to never look at your portfolio again? That emotional intel is gold—it’ll help you build a smarter, more personalized investment plan later when things settle down.

In the meantime, some of the brightest minds in personal finance are weighing in on what’s happening:

Stay informed, stay calm, and remember that volatility is part of the journey.

This, too, shall pass.

Do you agree or disagree with these folks? Shout out in the comments below!

The Money Podcast

Kickstart your personal finance journey with Scott and Mindy as they break down the good, bad, and ugly of people’s personal money stories. From interviews with entrepreneurs and business owners to breakdowns of listener finances, you’ll get actionable advice on how to get out of debt and grow your money.

You might also like

Mindy Jensen

BiggerPockets

Mindy Jensen has been buying and selling homes for more than 20 years. Her preferred method of investing is the “live-…Read More

In This Article

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