For the rest of us, trying to ignore market free falls is not a bad strategy, especially when it comes to a long-term goal like retirement. For the rest of us, trying to ignore market free falls is not a bad strategy, especially when it comes to a long-term goal like retirement. “You have a long-term goal — try to focus on that long-term goal and not the short-term volatility of the markets,” says Rob Williams, vice president of financial planning at the Schwab Center for Financial Research. Don’t sell out of the stock market when it starts dropping. A stock market correction can be the push you need to clean up your finances.

Source: ABC News March 15, 2020 17:32 UTC