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When things are bumpy, resist the temptation to react in an emotional way. Turbulence is part of the ride.
Step back and take the long view. Long-term investment strategies take into consideration short-term volatility.
Watching the market too closely can produce unwarranted stress. Try to de-stress, take a break, and relax.
“During market volatility, the best advice may be the simplest: step back, look at the big picture, and avoid any hasty decisions.”
- From Don't Panic
Bouncing trendlines aren't necessarily indicators of impending doom, nor golden opportunities. Rather, they're a typical part of the investing life cycle. With a sound strategy in place, movement in the market can be anticipated, not feared.
Click the link below to get your ebook full of strategies on viewing market activity from a wider perspective.