5 Tips to Deal With Market Volatility

Down 650 points one day.

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Down 650 points one day. Up more than 1,000 points the next. Down 660 points another day. That was the Dow Jones industrial average’s performance just during one recent week.

How should investors handle these market ups and downs? In the short term, just take a deep breath and don’t panic. “Turn off, or at least turn down, the financial talking heads,” says financial planner Paul Fain, with Asset Planning Corp., in Knoxville, Tenn. Longer-term, the following steps can help you make lemonade when the market gives you lemons.

Rachel L. Sheedy
Editor, Kiplinger's Retirement Report