In turbulent financial markets it can be helpful to take a deep breath and listen to sound advice. In a recent article for MarketWatch, Robert Daniel provides helpful suggestions to those whose courage is under fire. His recommendations include continuing to fund your 401(k) account, as lower investment prices provide the opportunity to purchase additional shares with the same amount of money. While it is difficult to remain focused in the face of panic selling, successful investors know how to use volatility to their advantage.
For the complete article, "In Managing Your Finances, Keep Courage Under Fire," please click here.