financial-market-stocks

What Should I do to Survive a Market Drop?

Take a moment and think back a few short years, its early 2007, things look great. Your house has never been more valuable, your retirement accounts have been humming along and you just got a promotion at work, then all heck breaks loose. Stocks drop by more than half, your job is gone and you fall behind on your mortgage. Maybe this didn’t happen to you, but it probably happened to someone you know. I want you to close your eyes and remember, how did you feel when that happened? Were you able to keep on going, feeling good about things and ignore what was happening in the markets, or were there sleepless nights and anxiety? Were you a seller or a buyer?

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