7 things to do when you’re spooked by the stock market [MarketWatch]
Comcast Corporation - Class A (CMCSA)
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Source: MarketWatch
7 things to do when you’re spooked by the stock market The stock market has been awful this autumn, knocking many normally placid investors off their feet. In times like this, the most successful investors I know are careful to avoid leaping into panic mode. It might seem that your investment results are largely outside your control. But in the long run, just the opposite is true. Your anti-panic tool kit should include perspective and knowledge. And while I strongly advise you to have access to — and to use — competent and conflict-free outside help, that help won’t do you much good unless you have the right habits and expectations. First, let’s recap the unpleasant news from Wall Street. Last week, the year’s gains in the stock market were wiped out in a few awful trading days. The most-often-cited reasons were falling U.S. oil prices (off by about one-third in the past two months); trade worries, especially with China; a surprising dip in interest rates; and fear of a recession. Me
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