What to Do When Markets Plunge

Play it cool with these five tips.

This January proved to be the worst start to the year for U.S. stocks, with most indexes losing money during the month. And, while the market has moved upwards, the recent correction raises a common concern for many investors: What do I do when markets plunge?

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Taylor Schulte, CFP
Founder and CEO, Define Financial

Taylor Schulte, CFP®, is founder and CEO of Define Financial, a fee-only wealth management firm in San Diego. In addition, Schulte hosts The Stay Wealthy Retirement Podcast, teaching people how to reduce taxes, invest smarter, and make work optional. He has been recognized as a top 40 Under 40 adviser by InvestmentNews and one of the top 100 most influential advisers by Investopedia.